ОБҐРУНТУВАННЯ ІНВЕСТИЦІЙНИХ РІШЕНЬ НА ФОНДОВОМУ РИНКУ

Abstract

Goal is the improvement of scientific-methodical and practical recommendations for forecasting trends in the development of the stock market with tools for analyzing stock prices and exchange rates to substantiate options for investors' actions and take into account dynamic signals, with the help of which strategic approaches are formed in various situations of market fluctuations. The next scientific methods of research were applied. In the process of achieving the goal, the following methods were used: analytical (observation, comparison, grouping) when price dynamics were studied, changes were predicted and the time of asset purchase and sale was determined; graphic - for illustrating market properties, visual representation of the price situation, identifying points of formation and changes in investment decisions; modeling for the development of options for investors' actions in various situations of the dynamics of market characteristics and the formation of behavioral strategies. The maim results are the next. The tools of technical analysis of exchange prices and exchange rates are detailed, taking into account the essence of the underlying methods, the principle of action, the time of detection, the nature of changes, and the degree of importance in the formation of an investment decision. The mechanism of using indicators to demonstrate to investors the current situation on the market and to provide signals for entering a position with a delay and oscillators in order to timely predict a market reversal and to determine such characteristics of price dynamics as the speed of movement, momentum, patterns of oscillation and development of action options is analyzed. Methodological recommendations for the calculation of indicators that smooth fluctuations in price charts by averaging over a certain period based on moving averages for the accurate determination of trading zones, identifying trends and market analysis have been clarified. Scientific novelty are the next. The classification of tools for technical analysis of stock prices and exchange rates has been specified, taking into account their essence, clarity of results, the degree of detailing of characteristics, and the properties and peculiarities of the use of individual groups for the justification of investment decisions on the stock market have been determined. Practical significance is grounded on the developed scientific-methodical and practical recommendations will contribute to the deepening of the working out of options for the actions of investors in various situations of the dynamics of the stock market characteristics based on the identification of trends, the construction and interpretation of graphic models, the forecast of the probability of the continuation or change of the identified trends.