EconStor >
Rutgers University >
Department of Economics, Rutgers University >
Working Papers, Department of Economics, Rutgers University >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/31262
  
Title:Highs and lows: a behavioral and technical analysis PDF Logo
Authors:Mizrach, Bruce
Zhang Weerts, Susan
Issue Date:2007
Series/Report no.:Working papers // Department of Economics, Rutgers, the State University of New Jersey 2006,10
Abstract:We find that turnover rises on n-day highs and lows and is an increasing function of n. We offer several explanations from the technical and behavioral finance literature for why traders might use these signals. Turnover is persistent following these events, and new lows provide abnormal returns for up to 6 trading days.
Subjects:Abnormal returns
behavioral finance
n-day high/low
technical analysis
turnover
JEL:G14
G20
Document Type:Working Paper
Appears in Collections:Working Papers, Department of Economics, Rutgers University

Files in This Item:
File Description SizeFormat
566304589.pdf332.71 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/31262

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.