Research: Technical analysis

Technical analysis

What rigorous tests say about moving averages, chart patterns, breakouts, and other price-based signals.

Citation	Paper	Access	Difficulty
Neely et al. (2014)	Forecasting the Equity Risk Premium: The Role of Technical Indicators Management Science	Free	Technical
Han et al. (2013)	A New Anomaly: The Cross-Sectional Profitability of Technical Analysis Journal of Financial and Quantitative Analysis	Paywalled	Moderate
Zhu & Zhou (2009)	Technical Analysis: An Asset Allocation Perspective on the Use of Moving Averages Journal of Financial Economics	Paywalled	Technical
Marshall et al. (2008)	Does Intraday Technical Analysis in the U.S. Equity Market Have Value? Journal of Empirical Finance	Paywalled	Moderate
Faber (2007)	A Quantitative Approach to Tactical Asset Allocation Journal of Wealth Management	Free	Easy read
Park & Irwin (2007)	What Do We Know About the Profitability of Technical Analysis? Journal of Economic Surveys	Paywalled	Easy read
Menkhoff & Taylor (2007)	The Obstinate Passion of Foreign Exchange Professionals: Technical Analysis Journal of Economic Literature	Paywalled	Easy read
Lo et al. (2000)	Foundations of Technical Analysis: Computational Algorithms, Statistical Inference, and Empirical Implementation Journal of Finance	Free	Technical
Brock et al. (1992)	Simple Technical Trading Rules and the Stochastic Properties of Stock Returns Journal of Finance	Paywalled	Moderate