The main objective of this research is to discuss the impact of market quality on technical analysis profitability using inter-country analysis. Market quality is proxied by market capitalization. Technical analysis performance (profitability) is calculated using technical analysis return for MA5 indicator and short transaction strategy. This study uses the OSIRIS and Yahoo Finance databases. U…
This study discusses technical analysis signal and earnings-announcements timing. Technical analysis signal is used to capture price reaction around earnings an-nouncement dates. Technical analysis is selected because it is potential for compet-ing information as fundamental information in emerging market, especially in In-donesian stock market. The longer reporting lag will result in a tendenc…