Discovering Intraday Price Patterns by Using Hierarchical Self-Organizing Maps

DOI

10.2991/jcis.2008.82How to use a DOI?

Keywords

Intraday Data, Chart Analysis, Hierarchical SOMs

Abstract

Motivated from the financial literature about the intraday trading behavior, we use the hierarchical self-organizing maps to detect the price patterns during three trading periods, namely, the opening, the middle, and the close of the market. It is found from the empirical study that the three trading periods exhibit their unique characteristic. Furthermore, the intraday patterns in the opening and in the close are related.

Copyright

© 2008, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Chueh-Yung Tsao
AU  - Chih-Hao Chou
PY  - 2008/12
DA  - 2008/12
TI  - Discovering Intraday Price Patterns by Using Hierarchical Self-Organizing Maps
BT  - Proceedings of the 11th Joint Conference on Information Sciences (JCIS 2008)
PB  - Atlantis Press
SP  - 482
EP  - 488
SN  - 1951-6851
UR  - https://doi.org/10.2991/jcis.2008.82
DO  - 10.2991/jcis.2008.82
ID  - Tsao2008/12
ER  -