34 research outputs found
Diagnostic Ureteroscopy for Upper Tract Urothelial Carcinoma is Independently Associated with Intravesical Recurrence after Radical Nephroureterectomy
1011 Endoscopic polydimethylsiloxane injection in prevention of recurrent graft pyelonephritis for transplanted kidney with vesicoureteral reflux
14 Radical nephroureterectomy versus endoscopic procedures for the treatment of upper urinary tract urothelial carcinoma: A meta-analysis of comparative studies
The bullish and the bearish engulfing patterns: beating the forex market or being beaten?
The predictive power of price patterns
Using two sets of data, including daily prices (open, close, high and low) of all S&P 500 stocks between 1992 and 1996, we perform a satistical test of the predictive capability of candlestick patterns. Out-of-sample tests indicate statistical significance at the level of 36 standard deviations from the null hypothesis, and indicate a profit of almost 1% during a two-day holding period. An essentially non-parametric test utilizes standard definitions of three-day candlestick patterns and removes conditions on magnitudes. The results provide evidence that traders are influenced by price behaviour. To the best of our knowledge, this is the first scientific test to provide strong evidence in favour of any trading rule or pattern on a large unrestricted scale.Candlestick Patterns, Statistical Price Prediction, Price Pattern, Technical Analysis,