A study into the relationship between the type of Japanese candlesticks of a nationally significant exchange-traded asset and investor sentiment in the national financial market
Anna V. ZATEVAKHINAInternational Banking Institute named after Anatoliy Sobchak (IBI n.a. Anatoliy Sobchak), St. Petersburg, Russian Federation zatevakhina@ibispb.ru ORCID id: not available
Subject. This article examines the relationship between the type of Japanese candlesticks of a nationally significant exchange-traded asset and investor sentiment in the national financial market. Objectives. The article aims to determine the relationship between the type of Japanese candlesticks for a nationally significant asset traded on the national stock exchange and the sentiments of financial market participants. Methods. For the study, we used the methods of induction and deduction, statistical methods for processing the results of observations, and the method of physiognomy in determining the emotions of persons making investment decisions. Results. The article determines the type of Japanese candlesticks for a nationally significant asset traded on the national stock exchange and the sentiments of financial market participants. Conclusions. When taking into account new indicators, the analyst has the means to bring the forecast result closer to real conditions, when, in addition to traditional indicators, combinations of technical analysis tools and psychological indicators in the markets give a new interpretation of the events taking place there. This improves the quality of analytical work and its results. The results of the research described in the article can be applied in the work of a market analyst. The use of new indicators complements and expands the classic analytical tools, improves the quality of market forecasts.
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