Technical analysis of selected stock time series based on stock value screening

Abstract: The paper deals with using stock value screening in order to identify companies suitable for long-term investments. The paper includes technical analysis of the company Intel Corporation (INTC), which was evaluated as a suitable company for long-term shareholding on the basis of stock value screening. The paper provides a theoretical background necessary for understanding and performance of stock value screening and technical analysis. The next chapter presents and specifies the individual parameters of screening and indicators of technical analysis as well as a systematic and logical description of the whole paper elaboration. Another part of the paper summarizes and presents the individual results of the stock value screening based on which two companies are evaluated as suitable, with detailed comments. Furthermore, it explains why the technical analysis is performed on Intel corporation. The performed technical analysis shows the growing trend of the share price growth; therefore, a recommendation is made for the investors not to postpone the purchase of the shares. All results of the technical analysis are summarized in a table with a relevant comments and explanations. A very interesting signal is created based on a long-term, specifically three-year support line, and on the creation of the so-called double bottom pattern. In the conclusion, general recommendations are made for investors.

 

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