Analysis of Text Data For Stock Prediction

Abstract

Abstract: Accounting for price fluctuations and understanding people's emotions can help to improve stock price forecasting. Only a few models can decipher financial jargon and have stock price change datasets that have been labelled. In this project, we used text mining techniques to extract high-quality data from news and tweets published by legitimate businesses on the internet, allowing us to analyse, decide, and update our database for future use. In this paper, we propose an information gathering and processing framework that combines a natural language processing tool with our algorithms. We use natural language processing and machine learning techniques to make predictions. The result demonstrates the algorithm's ability to foresee favorable outcomes.