Journal article

WORKING ROLE OF TECHNICAL ANALYSIS OF SLOWSTOCHASTIC INDICATOR AND COMMODITY CHANNEL INDEX IN AFFECTING INVESTMENT DECISION IN INDONESIA STOCK EXCHANGE

Agus I Gst. Bgs. Wiksuana I Wayan Ramantha Ni Luh Putu Wiagustini

Volume : 18 Nomor : 5 Published : 2019, April

South East Asia Journal of Contemporary Business, Economics and Law

Abstrak

The research is undertaken for urgency investigation to understanding investment strategic through working role of technical analysis in order to obtain more optimal return in investment and decreasing investment risk aversion (capital loss). The novelty of this Research was analyzed statistically by performing regression analysis through Test Validity process, Reliability test, Outer Model and Inner Model must meet all the requirement Scientific merit, such as : meet the required CFA (Confirmatory Factor Analysis), meet the required AVE (Average Variance Extracted) value is greater than 0.50, fulfilling the composite reliability prerequisite of ?0.6 or higher and ideally ?0,7 to meet the required rule of thumb reliability estimation or higher, fulfilling the prerequisite convergence validity of the outer loading value between 0.5-0.6, fulfilling the preconditions of Cronbach's Alpha ?0.7 and still tolerated when ?0.6, while the result of inner statistic test of the relationship between variables (Path Analysis) t Statistics model significantly influence ?1,96.