Applied Sutte Indicator Method to Predicting of Stock Movement of PT. Astra Agro Lestari Tbk. (AALI)

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Ansari Saleh Ahmar, Hardianto Djanggih, Lusi Dwi Putri, Ricardo Freedom Nanuru, Akbar Iskandar, Nuning Kurniasih, H. Hartoto, Tri Listyorini, Abdurrozaq Hasibuan, Janner Simarmata, Rizal Bakri, Muhammad Ilham Bakhtiar

2018 Journal of Physics: Conference Series Vol. 1114 Issue 1 Conference paper Cited by 1

Abstract

This study studies that has the aim to apply Sutte Indicator to assist the investor to make the decision-making process of buying or selling of their stocks. The data of this study obtained from Stock of PT. Astra Agro Lestari Tbk. (AALI) on Yahoo Finance website. The period of data from 5 April 2001 to 20 September 2016. To check the performance of the predicting, it compare Sutte Indicator with other technical analysis: Moving Average Convergence/Divergence (MACD) and Simple Moving Average (SMA) and the check of the reliability using the mean absolute deviation (MAD), mean of square error (MSE), and mean absolute percentage error (MAPE). © Published under licence by IOP Publishing Ltd.

Affiliations

Universitas Negeri Makassar, Makassar, Indonesia; Department of Law, Universitas Tompotika Luwuk, Banggai, Indonesia; Universitas Lancang Kuning, Pekanbaru, Indonesia; Universitas Kristen Indonesia Maluku, Indonesia; Informatics Engineering, STMIK AKBA, Makassar, Indonesia; Faculty of Communication Sciences, Library and Information Science Program, Universitas Padjadjaran, Bandung, 45363, Indonesia; Department of Informatics Engineering, Universitas Muria Kudus, Kudus, Indonesia; Department of Industrial Engineering, Universitas Islam Sumatera Utara, Indonesia; Universitas Negeri Medan, Medan, Indonesia; STIEM Bongaya, Indonesia; STKIP Andi Matappa, Indonesia