The Effectivness Analysis Of ENE In A Share Market

Stock is a kind of high income, high risk investment tools.Since the 1980 s, China’s stock market opened, the number of Chinese investors is increasing.Along with the opening of a new wave of bull market by July 2014, stocks have become a hot topic. There are many kinds of stock investment analysis strategy, mainly include two types: fundamental analysis and technical analysis. Fundamental analysis is involved in rich financial management,legal,financial and other professional knowledge,the most authoritative one,which is loved by most investment institutions; technical analysis contains the image theory, wave theory, index theory, due to the characteristics of easy to use, which is widely used for the majority of small and medium-sized investors.There has been considerable debate in the academic circles about whether the technical analysis is really effective, whether he technical analysis can bring positive earnings or more than buy and hold strategy for investors.In the first chapter,you can see some domestic and foreign research status of technical indicators.Based on the supports of the effectiveness of technical analysis,this paper tries to analyze the specific methods of technical indicators.The second chapter of the paper mainly summarized the field of technical analysis,including the definition of the technical analysis,theories and methods of technical analysis and the methods of technical indicators.The content of chapter 3 focused on the effectiveness analysis of a technical indicators,ENE rail.The usage of ENE rail is similar with BOLL, which are both channel type technology index. ENE has a upper rail,a ene rail and a lower rail.Normally, stock prices are fluctuating between rail lines, if the share price under the critical value of rail to rail or boundary, or out of the orbit is a sign of buying and selling points. Investors can focus on the change of the location between stock prices and the rail line, to judge the short-term buying and selling point in time.According to the most basic ENE business operation strategy, this paper selected 50 stocks in the Shanghai as a sample, datas including the highest, the lowest price, opening price, closing price, etc.The main purpose of doing this is to hope that through a large amount of data detection, to verify the correctness of empiricism and to know in how large extent the sell signals of ENE index is effective.The experimental results show that, buying and selling signals of ENE index is basically can rely on and trust. Therefore, with the affirmation of the effectiveness of ENE, investors can continue to grasp more actual operation skills, to make more profit.