An Empirical Study On The Effectiveness Of Stock Market Technology Analysis

In the stock market,investors like to analyze and study stocks,in order to obtain excess returns.In the investment practice,technical analysis and trading strategy are easy to understand,clear and concise,and have been valued by market participants.Technical analysis and its trading strategies focus on the analysis of investors' psychology and behavior,and use the ideas of graphics,charts,mathematical statistics and probability theory to sum up the classic investor behavior in the stock market,so as to study and predict the future trend of the stock price.Technical analysis is very popular among market participants,but its theoretical basis is controversial.The core of the debate is that technical analysis and its trading strategies are not objective.After the effective market theory is put forward,the discussion of the effectiveness of technical analysis has fallen into a low valley.After 90s,some scholars and experts have gradually found that technical analysis and its trading strategies are effective.Since then,the articles about the effectiveness of technical analysis have gradually become more and more,and scholars have studied the research from different perspectives.The effectiveness of technical analysis is investigated.In this paper,the long-term horizontal market technology in the stock market as the research object,combined with the long-term horizontal trading rules,the use of Logit model empirical research technology analysis of the stock price trend after the end of the long-term horizontal market forecast level.It is found that market status,interval turnover rate,interval amplitude,horizontal time and interval fluctuation are important factors affecting the effectiveness of technical trading rules.On this basis,the conclusions and recommendations of this paper are given.