Published Paper Details:

Technical study, which practices historical values to find indicators that highlight potential movements in stock prices, is especially relevant to the application of time series analysis and estimating to the stock market. This study investigates the use of the Relative Strength Index (RSI) and Bollinger Bands as technical indicators to produce buy and sell signals for stock trading. While RSI provides a gauge of a stock's overbought or oversold conditions, Bollinger Bands offer information about a stock's volatility and possible reversal points. The resolution of the study is to assess how well these indicators work together when making decisions about when to enter and exit the stock market. Bollinger Bands are computed using standard deviations from the moving average to determine possible breakout or breakdown levels. At the same time, RSI is used to estimate the momentum of the stock as well as possible trend reversal points. By combining the two indicators, a trading strategy is created that will produce buy signals when certain criteria are met. The study employs historical stock price data to evaluate the strategy's resilience and flexibility by applying it to a range of stocks and time periods. Performance metrics are used to assess the efficacy of the suggested strategy, such as accuracy, return on investment, and risk management. The potential of using RSI and Bollinger Bands as complimentary tools to improve trading decisions is demonstrated by the results. The results add to the corpus of knowledge on technical analysis and provide traders and investors with useful information for optimising their strategies in volatile markets.