ANALISIS TEKNIKAL SAHAM MENGGUNAKAN INDIKATOR TRUE STRENGTH INDEX (TSI)

• Main Authors: , NABILA KENCANA, , Prof. Dr. Sri Haryatmi Kartiko, M.Sc.
• Format: Theses and Dissertations NonPeerReviewed
• Published: [Yogyakarta] : Universitas Gadjah Mada 2014
• Subjects: ETD
• Online Access: https://repository.ugm.ac.id/131262/; http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=71714
• Institution: Universitas Gadjah Mada

Technical analysis using a graph as method, it�s used to predicting price movement of its stocks so that we know when we have to buy or sell our stocks in a way gaining maximum profits. There are a lot of indicators that can be used at stock technical analysis. True Strength Index (TSI) indicator in a technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving average. Generally is a 25-day Exponential Momentum (EMA) is applied to the difference between two share prices, and then a 13-day EMA is applied to the result, making the indicator more sensitive to prevailing market condotions. After the data is smoothed, value of -20 dan +20 used to identify levels where a security is overbought or oversold. It�ll proof TSI based on EMA is the best than TSI based on SMA and WMA. TSI indicator is a variation of the Relative Strength Index (RSI).