%0 Journal Article
%T An Early Warning Model with Technical Indicators: The Case of Ise (Istanbul Stock Exchange)
%A Kutluk Kagan Sumer
%J iBusiness
%P 173-183
%@ 2150-4083
%D 2013
%I Scientific Research Publishing
%R 10.4236/ib.2013.54022
%X <p class=\"MsoNormal\">
	<span lang=\"EN-US\" style=\"font-family:Verdana;\">In this study</span><span lang=\"EN-US\" style=\"font-family:Verdana;\">,</span><span lang=\"EN-US\" style=\"font-family:Verdana;\"> the technical indicators are used in
forecasting whether stock prices will rise, fall or will be constant at the
following day. The indicators are generated by taking into account the daily
stock returns. If the daily stock returns are positive</span><span lang=\"EN-US\" style=\"font-family:Verdana;\">,</span><span lang=\"EN-US\" style=\"font-family:Verdana;\"> the indicator is coded as ¡°+1¡±</span><span lang=\"EN-US\" style=\"font-family:Verdana;\">;</span><span lang=\"EN-US\" style=\"font-family:Verdana;\"> if the daily stock returns are
constant,</span><span lang=\"EN-US\"> </span><span lang=\"EN-US\"><span style=\"font-family:Verdana;\">the indicator is
coded as ¡°</span><st1:metricconverter productid=\"0¡±\" w:st=\"on\"><span style=\"font-family:Verdana;\">0¡±</span></st1:metricconverter><span style=\"font-family:Verdana;\"> and at least if the daily stock returns are negative</span></span><span lang=\"EN-US\" style=\"font-family:Verdana;\">,</span><span lang=\"EN-US\" style=\"font-family:Verdana;\"> the indicator is coded as ¡°-1¡±.</span><span lang=\"EN-US\"> </span><span lang=\"EN-US\" style=\"font-family:Verdana;\">These indicator values express the
dependent variable of ordered choice models which independent variables are
technical indicators. The ordered choice models are applied to all of the
stocks of ISE (Istanbul Stock Exchange).</span><span lang=\"EN-US\"><o:p></o:p></span> 
</p>
%K Stock Exchange
%K ISE
%K Technical Analysis
%K Technical Indicators
%K Early Warning
%K Ordered Choice
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=41306