
<oai_dc:dc xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:oai_dc="http://www.openarchives.org/OAI/2.0/oai_dc/">
  <dc:type>info:eu-repo/semantics/article</dc:type>
  <dc:format>application/pdf</dc:format>
  <dc:format>908802 bytes</dc:format>
  <dc:language>eng</dc:language>
  <dc:description xml:lang="eng">Abstract:
This article explores the profitability of technical trading rules around the COVID-19 pandemic market meltdown for the S&amp;P 500 index, Bitcoin, Comex gold spot, crude oil WTI, and the VIX. Trading rule profits are estimated from January to May 2020, including three sub-periods, on a high-frequency data set. The results reveal that the trading rules can beat the buy-and-hold trading strategy. However, only the Bollinger Bands and trading range break-out rules become profitable after transaction costs during the market crash. Moreover, it is found that composite trading signals effectively improve the profitability of technical analysis around the COVID-19 market crash.</dc:description>
  <dc:source>Journal of Risk and Financial Management</dc:source>
  <dc:source>volume: 15</dc:source>
  <dc:source>number: 5</dc:source>
  <dc:source>startpage: 192</dc:source>
  <dc:source>endpage: 192</dc:source>
  <dc:identifier>https://unilib.phaidrabg.rs/o:6231</dc:identifier>
  <dc:identifier>doi:10.3390/jrfm15050192</dc:identifier>
  <dc:creator>Lento, Camillo</dc:creator>
  <dc:creator id="https://orcid.org/0000-0003-4001-3159">Gradojevic, Nikola</dc:creator>
  <dc:date>2022</dc:date>
  <dc:subject xml:lang="eng">Keywords: technical analysis; technical trading; market efficiency; COVID-19</dc:subject>
  <dc:title xml:lang="eng">The Profitability of Technical Analysis during the COVID-19 Market Meltdown</dc:title>
  <dc:rights>http://creativecommons.org/licenses/by/4.0/legalcode</dc:rights>
</oai_dc:dc>