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A data-science-driven short-term analysis of Amazon, Apple, Google, and Microsoft stocks

2021-07-30 · Shubham Ekapure, Nuruddin Jiruwala, Sohan Patnaik, Indranil SenGupta

In this paper, we implement a combination of technical analysis and machine/deep learning-based analysis to build a trend classification model. The goal of the paper is to apprehend short-term market movement, and incorporate it to improve the underlying stochastic model. Also, the analysis presented in this paper can be implemented in a \emph{model-independent} fashion. We execute a data-science-driven technique that makes short-term forecasts dependent on the price trends of current stock market data. Based on the analysis, three different labels are generated for a data set: $+1$ (buy signal), $0$ (hold signal), or $-1$ (sell signal). We propose a detailed analysis of four major stocks- Amazon, Apple, Google, and Microsoft. We implement various technical indicators to label the data set according to the trend and train various models for trend estimation. Statistical analysis of the outputs and classification results are obtained.

📄 PDF Abstract BibTeX arXiv:2107.14695

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