Putriningtiyas, Devinta Anggin (2017) Analysis Effectiveness Of Moving Average Convergence Divergence (MACD) In Determining Buying And Selling Decision Of Stock (Study On Bank Sub-Sector In The Indonesia Stock Exchange Period 2015 - 2016). Sarjana thesis, Universitas Brawijaya.
Abstract
Investasi saham di pasar modal memiliki keuntungan dan kerugian. Untuk menghindari kerugian, investor membutuhkan pengetahuan tentang analisis fundamental dan teknikal. Analisis fundamental lebih rumit karena memerlukan perhitungan untuk analisis saham. Bagi masyarakat umum, analisa teknikal lebih mudah dipelajari dari analisa fundamental karena hanya perlu membaca grafik. Analisis teknikal menggunakan data historis pasar dan pergerakan harga saham untuk mengetahui trend yang tersedia dalam bentuk grafik. Dalam melakukan analisa teknikal perlu beberapa indikator untuk menyederhanakan proses pengambilan keputusan. Moving Average Convergence Divergence (MACD) merupakan salah satu indikator yang digunakan untuk menentukan sinyal beli dan jual saham. MACD memiliki dua garis yaitu garis sinyal dan garis MACD. Garis MACD adalah selisih dua EMA (EMA 12 dan EMA-26) sebagai format standar. Objeknya dari penelitian ini adalah Sub-Sektor Bank di Bursa Efek Indonesia periode 2015-2016. Jenis penelitiannya adalah explanatory research dengan pendekatan kuantitatif. Sampel penelitian ini adalah 9 perusahaan yang tercatat sebagai Bank Sub-sektor di Bursa Efek Indonesia periode 2015-2016. Data yang digunakan adalah secondary data yang terdiri dari harga saham sebelum MACD dan harga saham setelah menggunakan indikator MACD. Data yang telah terkumpul diproses menggunakan SPSS 22 untuk menguji hipotesis melalui analisis deskriptif statistik, uji One-Sample Kolmogorov Smirnov, dan uji wilcoxon signed rank test. Hasil dari penelitian menunjukkan bahwa tidak ada perbedaan yang signifikan antara sinyal beli dan jual sebelum menggunakan indikator MACD dengan setelah menggunakan indikator MACD. Ada perbedaan waktu dalam terjadinya sinyal beli dan jual saham. Namun, harga sebelum menggunakan MACD dengan setelah menggunakan indikator MACD tidak berbeda secara signifikan. Sehingga dapat dikatakan bahwa indikator MACD efektif dalam menentukan sinyal beli and jual saham pada sub-sektor bank di Bursa Efek Indonesia periode 2015-2016.
English Abstract
Investing stock in capital market has advantages and disadvantages. To avoid disadvantages, investor required knowledge of fundamental and technical analysis. Fundamental analysis is more complicated because need calculation to analysis the stock. For common people, technical analysis is easier to learn than fundamental analysis because it only needs to be able read charts. Technical analysis used historical data market and stock price movements to determine the trend which available in the form of charts. In conducting technical analysis need some indicator to simplify decision-making process. Moving Average Convergence Divergence (MACD) is one of indicator that used for determine buy and sell signal of stocks. MACD has two lines is the signal line and the MACD line. MACD line is the difference of the two EMA (EMA 12 and EMA-26) as standard format. The object was Bank Sub-Sector in the Indonesia Stock Exchange period 2015-2016. The research type was explanatory research with quantitative approach. Sample of this research were 9 companies that listed as Bank Sub-sector in IDX period 2015-2016. The data were the secondary data which consist of stock price before used MACD indicator and stock price after used MACD indicator. Data that has been collected was processed by SPSS 22 in term for test the hypothesis through statistics descriptive analysis, One Sample Kolmogorov Smirnov Test , and wilcoxon signed rank test. The result show that there is no significant difference between buy and sell signal before using MACD indicator with buy and sell signal after using MACD indicator. There is a time difference in the occurrence of buy and sell signal of stocks. However, the price before using MACD indicator and after using MACD does not differ significantly. So it can be said that MACD indicator is effective in determining buy and sell signal stocks on bank sub-sector in Indonesia Stock Exchange period 2015-2016.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FIA/2017/1139/051712255 |
| Uncontrolled Keywords: | Moving Average Convergence Divergence, Sinyal Beli, Sinyal Jual, Saham |
| Subjects: | 300 Social sciences > 332 Financial economics > 332.6 Investment > 332.63 Specific forms of investment > 332.632 Securities, real estate, commodities > 332.632 2 Stocks (Shares) |
| Divisions: | Fakultas Ilmu Administrasi > Ilmu Administrasi Bisnis / Niaga |
| Depositing User: | Yusuf Dwi N. |
| Date Deposited: | 28 Dec 2017 08:45 |
| Last Modified: | 20 Sep 2020 06:41 |
| URI: | http://repository.ub.ac.id/id/eprint/7591 |
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