Technical Analysis as a Sentiment Barometer and the Cross-Section of Stock Returns

Market sentiment and price dynamics in weak markets: A comprehensive empirical analysis of the soybean meal option market

“…Mehta et al (2021) used deep learning technology to extract sentiment analysis from social media, enhancing the accuracy of stock market forecasts. Ding et al (2023) constructed a daily market sentiment index highly correlated with other commonly used sentiment indicators, exploring how technical analysis can add value through unexamined emotional channels. Wang et al (2018) used market data such as Baidu search volume index to reveal investor sentiment in the Chinese stock index futures market.…”