Technical analysis as a tool for forming investment decisions in the stock market

to analyze the effectiveness of technical analysis in forecasting medium-term trends for the shares of a major banking issuer, taking into account dividend policy and current financial results, and to assess the potential application of the findings to developing practical trading strategies. Discussion: The study draws on theoretical approaches to technical analysis (Japanese candlesticks, trading volumes, chart patterns, Fibonacci levels, limit orders) and practical application to Sberbank PJSC share price data for 2025. The analysis considers the differences between local and long-term trends, the role of the news background and the behavior of major players, as well as the risks of false signals and possible trend reversals. The paper also discusses the advantages and limitations of the method, the need for combining it with fundamental analysis, and the importance of risk management. Results: The study identified key resistance and support levels, confirmed by the intersection of graphical constructions and Fibonacci levels on the daily chart of Sberbank shares for the period under review. Projected price movements include the possibility of continued growth after a rebound and a potential local decline before further growth, depending on the news background and financial results.

technical analysis, instrument, candlestick, time frame, stock, stock chart