CNN performs well for trend detection

STOCK PRICE PREDICTION USING LSTM,RNN AND CNN-SLIDING WINDOW MODEL compares RNN, CNN, and LSTM performance in predicting stock price. Very interestingly, RNN and LSTM couldn’t detect trend changes (fluctuations without specific direction VS upward direction) while CNN could.

Although the experiements in the paper uses just two stocks, I see other papers also suggesting CNN as a trend detection tool.

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