Technical analysis as a tool to rationalize investment decision in equities: an application study on the Abu Dhabi Stock Exchange

Abstract

This study aimed to identify the importance of technical analysis as a tool to rationalize the investment decision of shares in the Abu Dhabi Stock Exchange by identifying the importance of technical analysis and its applications in the process of rationalizing the decision to invest in shares and the opinion of the technical analyst for the investor in rationalizing his investment decision, and identifying the most prominent economic sectors in which he invests based on technical indicators, and to achieve the objectives of the study the researcher used the descriptive analytical approach, and the study community consisted of all . it were selected in a comprehensive inventory method of 120 investors, and in its intention a sample of the community estimated at (90) investors was taken, and to collect the data and information needed for the study, a questionnaire was built as a study tool, Its sincerity and stability have been confirmed, After the data collection, statistical analysis of the data was carried out using the Social Sciences Statistical Packages Program (SPSS). In light of this, the study found a set of results, the most important of which are: The study sample members agreed on "The importance of technical analysis and the opinion of the technical analyst for the investor in rationalizing its investment decision" and "the most prominent economic sectors in which he invests based on technical indicators on the Abu Dhabi Stock Exchange" where they all received a high degree from their point of view. In the light of previous results, the research reached a set of recommendations and proposals.

Keywords

• Technical Analysis
• - Stock Markets
• Investment
• Shares

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