Study of Predictive power of Moving Averages as a tool of Technical Analysis

Jyotika Bahl


Technical analysis uses past prices in order to predict future prices. It tries to detect some predefined "patterns" in price series, and claims it is capable of exploiting the trends that it discovers. The methodology of technical analysis rests upon the assumption that history tends to repeat itself in the stock exchange. If a certain pattern of activity has in the past produced certain results nine times out of ten, one can assume a strong likelihood of the same outcome whenever this pattern appears in the future.


Predictive power; Moving Averages; Technical Analysis

Full Text:



  • There are currently no refbacks.

Copyright (c) 2015 Jyotika Bahl

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.


EduPedia Publications Pvt Ltd, D/351, Prem Nanar-3, Suleman Nagar, Kirari, Nagloi, New Delhi PIN-Code 110086, India Through Phone Call us now: +919958037887 or +919557022047

All published Articles are Open Access at

Paper submission: or


Mobile:                  +919557022047 & +919958037887


Journals Maintained and Hosted by

EduPedia Publications (P) Ltd in Association with Other Institutional Partners

Pen2Print and IJR are registered trademark of the Edupedia Publications Pvt Ltd.