TECHNICAL ANALYSIS

Code Cours
2324-IÉSEG-MFI1S2-FIN-MFICI17UE
Langue d'enseignement
English
Matières
FINANCE
Responsable(s)
R.COLOMBERO
Intervenant(s)
R.COLOMBERO
Niveau
MSc in Finance
Année de formation
Période

Présentation

Prérequis
No prerequisites
Objectifs
- understand the basic principles of Technical Analysis that include Dow theory, technical indicators, patterns and japanese candlesticks
- be able to recognise a trend (up or down) and identify reversals on any security (bonds, equites, commodities, forex, indexes…)
- know how to place a trade with identified target, risk limit (stop loss), risk reward ratio and size.
- go further (optional) : understand the technical analysis controversy and its relationship to market efficiency and behavioral finance
Compose constructive personal feedback and guidance
Convey powerful messages using contemporary presentation techniques
Predict how business and economic cycles could affect organizational strategy
Effectively apply in-depth specialized knowledge to take advantage of contemporary opportunities in their professional field
Présentation
Technical analysis examines the practical value of two types of analysis: charting, which identifies geometric patterns in the history of prices, and technical indicators approach, which mechanically applies mathematical trading rules constructed from past and present prices (and volumes). Such approaches ignore fundamental information about the price; however, they have been shown to result in trading profitability and are widely used by banks, fund managers and hedge funds. This course is aimed at providing students with an understanding of how technical analysis is used to uncover trends and predict turning points in financial markets.

Modalités

Organisation
Type Amount of time Comment
Présentiel
Cours interactif 16,00
Autoformation
Lecture du manuel de référence 6,00
E-Learning 3,00
Travail personnel
Charge de travail personnel indicative 25,00
Overall student workload 50,00
Évaluation
Mid-term exam : understand the basic principles of Technical Analysis (what is a trend, know some chart patterns, learn vocabulary etc.)
Final exam : check if the student is able able to correctly read a chart, detect a direction on any security, make decision on the market thanks to Technical Analysis (at what price to buy/sell, price a target and estimate her/his risk). Understand that charting is a very powerfull tool. Be able to discus about this discipline to her/his future clients and colleagues using a specific vocabulary
Control type Duration Amount Weighting
Contrôle continu
Examen partiel 0,30 1 20,00
Examen (final)
QCM 2,00 1 80,00
TOTAL 100,00

Ressources

Bibliographie
Technical Analysis: The Complete Resource for Financial Market Technicians (Julie R. Dahlquist, Charles D. Kirkpatrick) -
Technical analysis explained (Martin J. Pring) -
Le chartisme (francois Baron) -
Les chandeliers japonais (francois Baron) -
One Good Trade (Mike Bellafiore) -