JBMP (Jurnal Bisnis, Manajemen dan Perbankan)
Vol. 10 No. 2 (2024): September

Mastering Market Movements: Technical Indicators in IDX30 Stock Selection: Menguasai Pergerakan Pasar: Indikator Teknikal dalam Pemilihan Saham IDX30

Puji Lestari, Novi (Unknown)
Aslama, Bertyapati Agra (Unknown)



Article Info

Publish Date
19 Sep 2024

Abstract

This study aims to analyze the role of trading volume, foreign money flows, and technical chart patterns in shaping investment decisions for IDX30 companies. Utilizing descriptive quantitative research, data was collected from Stockbit and IPOT, focusing on stock price charts, trading volume, and broker summaries from January 1, 2020, to December 31, 2022. The findings reveal that purchase decisions were made when stock prices broke out of a chart pattern, accompanied by increased trading volume and foreign accumulation. Conversely, sell decisions occurred when stock prices broke down from a pattern, followed by increased volume and foreign distribution. These results underscore the importance of technical analysis in guiding informed investment decisions, helping investors avoid irrational practices and potential losses. The study highlights the practical need for investors to integrate technical indicators, such as volume and foreign flows, into their decision-making processes to enhance investment outcomes.

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Journal Info

Abbrev

jbmp

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Management Science, include: Marketing Management Finance Management Human Resources Management Management Science, include: Marketing Management Finance Management Human Resources Management Management Science, include: Marketing Management Finance Management Human Resources Management Management ...