This study aims to evaluate the long-term effectiveness of the Moving Average Convergence Divergence (MACD) strategy in the Philippine stock market over a 10-year period. The MACD strategy is a widely used technical analysis tool that helps identify potential buy and sell signals based on the convergence and divergence of moving averages. By examining the historical performance of the Philippine stock market, this review provides insights into the profitability and reliability of the MACD strategy as an investment approach. The findings of this study contribute to the understanding of the MACD strategy's suitability for investors in the Philippine stock market and inform investment decisions based on its long-term performance.This study aims to evaluate the long-term effectiveness of the Moving Average Convergence Divergence (MACD) strategy in the Philippine stock market over a 10-year period. The MACD strategy is a widely used technical analysis tool that helps identify potential buy and sell signals based on the convergence and divergence of moving averages. By examining the historical performance of the Philippine stock market, this review provides insights into the profitability and reliability of the MACD strategy as an investment approach. The findings of this study contribute to the understanding of the MACD strategy's suitability for investors in the Philippine stock market and inform investment decisions based on its long-term performance.
Track: Operations Research
Published in: 6th European International Conference on Industrial Engineering and Operations Management, Lisbon, Portugal
Publisher: IEOM Society International
Date of Conference: July 18
-20
, 2023
ISBN: 979-8-3507-0547-8
ISSN/E-ISSN: 2169-8767