Can Technical Analysi be successfully used to predict stock price movement: An analysis on Nifty 50, FTSE 100, S&P500 and S&P/TSX using an amalgamated stock screening mechanism consisting of Ichimoku KInko Hyo, Bollinger bands and Stochastic Relative Strength Index.

This is a breakthrough research out of Coventry University, from a researcher Tanmaya Sharma pursuing MSc Investment Management at Coventry University. It suggests a method to optimise trading decision making.

In this book, we will study the significance of technical analysis and its impact in predicting stock price movements to generate alpha.We will study four markets, United Kingdom, United States of America, Republic of India and Canada for the purpose of this research simplicity we will use their main stock indices namely FTSE 100, S&P 500, Nifty 50 and S&P/TSX 60 Respectively.

We will briefly scrutinize each technical analysis technique of Ichimoku Kinko Hyo, Bollinger Bands and Stochastic Relative Strength...