Abstract
The research aims to know the extent of the possibility of using the weighted average WMA as a technical analysis indicator in predicting stock returns in banking sector companies, the research sample listed on the Iraqi Stock Exchange, for 12 years from 1/1/2011 until 12/31/2022, according to the financial statements of the annual reports. In the Iraqi Stock Exchange to obtain the stock return, the statistical program SPSS V.20 was adopted to obtain the results, as well as the Excel spreadsheet processor.The results of the research reached the possibility of using the weighted average index (WMA) in predicting stock returns in the banking sector companies in the research sample, in varying proportions. The study also recommended the need to conduct more research and studies, diversify technical analysis indicators, and use other methods to obtain broader results in predicting future returns