This study aims to analyze the use of Candlestick patterns as a tool for predicting stock price trends in Non-Bank Financial Institutions (NBFIs) companies listed on the LQ45 Index for the 2019 - 2025 period, and to evaluate their effectiveness and role in investment decision-making amid market volatility. This study uses a descriptive quantitative approach to eight issuers from four sectors, namely Industrials, Consumer Non-Cyclicals, Healthcare, and Telecommunications, with secondary data in the form of daily Open, high, low, and Close (OHLC) prices from Investing.com. The analysis was conducted using descriptive statistics and mode to identify the most dominant Bullish Reversal and Bearish Reversal Candlestick patterns. The results found 348 Bullish Reversal patterns and 429 Bearish Reversal patterns, with Bullish Harami, Bullish Engulfing, and Morning Star as the most frequent Bullish patterns, and Evening Star as the most dominant Bearish pattern. All issuers showed a dominance of Bearish Reversal patterns, indicating stronger selling pressure during the study period due to the Covid-19 pandemic, rising global interest rates, and economic slowdown. These findings confirm that Candlestick patterns remain relevant as a technical analysis tool for detecting potential reversals of stock trends in the Indonesian capital market, especially when combined with other technical indicators.
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