Proceedings of the 11th Joint Conference on Information Sciences (JCIS 2008)

Discovering Intraday Price Patterns by Using Hierarchical Self-Organizing Maps

Authors
Chueh-Yung Tsao1, Chih-Hao Chou
1Department of Business Administration, Chang Gung University
Corresponding Author
Chueh-Yung Tsao
Available Online December 2008.
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/).

Download article (PDF)

Volume Title
Proceedings of the 11th Joint Conference on Information Sciences (JCIS 2008)
Series
Advances in Intelligent Systems Research
Publication Date
December 2008
ISBN
10.2991/jcis.2008.82
ISSN
1951-6851
DOI
10.2991/jcis.2008.82How to use a DOI?
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/).

Cite this article

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  -