Analisis Teknikal dan Fundamental Terhadap Harga Saham (Studi Kasus pada Saham Perbankan BUMN yang Terdaftar di BEI pada Periode 2019-2024)

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Authors: Juwita Merinda Tinambunan, Mardaleta Mardaleta, Muzakir Muzakir
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Abstract

This study aims to analyze the influence of technical and fundamental factors on the stock prices of state-owned banking companies listed on the Indonesia Stock Exchange (IDX) for the 2019–2024 period. The technical variables used include trading volume and stock price volatility, while the fundamental variables consist of Return on Assets (ROA), Return on Equity (ROE), and Earnings Per Share (EPS). The research method used is multiple linear regression with time series data. The results show that technical and fundamental factors simultaneously have a significant effect on stock prices. Partially, trading volume, volatility, ROA, ROE, and EPS have a positive influence on bank stock prices. This research provides an important contribution to investors, banking management, academics, capital market regulators, and the general public in making investment decisions in the state-owned banking sector.

Fields of Study & Subjects

Financial Analysis and Corporate Governance Financial Markets and Investment Strategies Stock Market Forecasting Methods

Publication details

Journal / source
Ekopedia Jurnal Ilmiah Ekonomi
Volume
2
Issue
1
Pages
834–855
Publication date
17 January 2026
Language
EN