Formation analysis in share investments: An application in Borsa İstanbul

Daha sonra doldurulacaktırThe aim of this study is to analyze the effectiveness and performance of the technical analysis patterns used by investors who want to invest in stocks on the stock exchange on the companies included in the BIST100 index. For this purpose, price movements on a daily basis were examined on the basis of 14 technical analysis patterns approved for the stocks of the companies included in the BIST100 index between 15.11.2021 and 10.03.2022. In practice, by using the Matrix Prime Program, the return rates provided by the investment decisions taken by looking at the profit or loss of the successful and unsuccessful formations on the companies included in the Bist100 index on a daily basis were calculated. As a result of the study, it has been observed that the profits of the formations that are the successful in the formation types that increase and decrease on a daily basis on the companies included in the BIST100 index, by reaching the price target are higher than the formations that ended in failure. It has been concluded that harm may also be encountered. As a result of these findings, if the technical analysis formations are used correctly in the stocks of the companies included in the BIST100 index, the investor who will make an investment decision can evaluate the results of the study, obtain more useful and reliable information, and achieve a higher rate of return in the short term.