https://www.irjet.net/archives/V10/i11/IRJET-V10I1151.pdf

1. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 10 Issue: 11 | Nov 2023 www.irjet.net p-ISSN: 2395-0072
© 2023, IRJET | Impact Factor value: 8.226 | ISO 9001:2008 Certified Journal | Page 361
STOCKSENTIX: A MACHINE LEARNING APPROACH TO STOCKMARKET
Sahil Chaudhari1, Mayuresh Dhanawade2, Anay Aher3 , Rakesh Singh4 , Prof. Anjalidevi Patil5
Department of Computer Science & Engineering AI & IOT, SMT Indira Gandhi College of Engineering
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Abstract:
In today's information-driven financial world, timely
access to and analysis of stock market news is critical for
informed decision-making. This research paper presents a
comprehensive approach to collecting and analyzing stock
market news articles through web scraping with Beautiful
Soup. We then employed Pandas to preprocess and
structure the data for sentiment analysis, and Matplotlib
was utilized to create visual representations of sentiment
trends. The project aims to provide investors and traders
with valuable insights into market sentiment for better
decision-making.
1. Introduction:
The financial markets operate in a dynamic and rapidly
changing environment where real- time access to
information can make or break an investment. Sentiment
analysis of stock market news has emerged as a valuable
tool for understanding market sentiment and predicting
market trends. This research project outlines a novel
approach to gathering, processing, and analyzing stock
market news articles. It utilizes web scraping techniques,
data preprocessing with Pandas, sentiment analysis, and
data visualization with Matplotlib.
2. Web Scraping Using BeautifulSoup:
Web scraping is the process of extracting data from
websites. We employed BeautifulSoup, a Python library, to
scrape stock market news articles from various online
sources. By sending HTTP requests and parsing HTML
content, we collected textual data for analysis. We have also
applied advanced scraping techniques such as handling
AJAX requests and implementing anti-bot measures for
robust data retrieval.
3. Data Preprocessing Using Pandas:
- Data preprocessing is a crucial step to ensure the
quality and consistency of data. We used Pandas, a
powerful data manipulation library in Python, to clean,
structure, and format the collected data. Data
preprocessing tasks included handling missing values,
encoding text data, and ensuring data integrity. Moreover,
we employed data imputation methods and conducted
exploratory data analysis (EDA) to gain deeper insights into
the dataset.
4. Data Visualization Using Matplotlib:
- Sentiment analysis is most effective when it is
presented in an easily interpretable format. Matplotlib, a
widely used data visualization library, was employed to
create visual representations of sentiment trends. These
visualizations provide a clear and concise way to identify
sentiment patterns and trends within the stock market news.
we used interactive visualization tools like Plotly for more
engaging and interactive sentiment trend representations.
5. Sentiment Analysis:
- Sentiment analysis was performed to assess the
emotional tone and polarity of each news article.
Sentiment was classified into three categories: positive,
negative, and neutral. The sentiment scoring was
accomplished using a predefined lexicon, machine learning
models, or hybrid approaches depending on the specific use
case. Sentiment analysis is a sophisticated natural language
processing (NLP) technique that entails the use of
computational algorithms and machine learning models to
discern, classify, and quantify the subjective sentiments
expressed within textual data. We have incorporated deep
learning techniques, such as LSTM networks, for improved
sentiment analysis performance.
Text Representation: Raw text data is transformed into a
format suitable for analysis. This often involves techniques
like tokenization (breaking text into individual words or
tokens), stemming (reducing words to their base or root
form), and vectorization (converting text into numerical
vectors). We also explored word embedding techniques like
Word2Vec to capture semantic relationships in the text.
Feature Extraction: Relevant features are extracted from
the text. This step identifies key elements, such as words or
phrases, that contribute to the sentiment expressed. Feature
extraction is crucial for training machine learning models.
experimented with feature selection techniques to optimize
model performance and reduce dimensionality.

2. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 10 Issue: 11 | Nov 2023 www.irjet.net p-ISSN: 2395-0072
© 2023, IRJET | Impact Factor value: 8.226 | ISO 9001:2008 Certified Journal | Page 362
Model Selection: Various machine learning models can be
used for sentiment analysis, including traditional classifiers
like Support Vector Machines (SVM) or more advanced
techniques like recurrent neural networks (RNNs) and
transformers. The choice depends on the complexity of the
data and the desired performance. We conducted model
hyperparameter tuning to enhance the performance of our
sentiment analysis models.
6. System Architecture:
7. Result:
Sentiment Analysis
8. Conclusion:
The project illustrates the potential of web scraping,
data preprocessing, sentiment analysis, and data
visualization techniques in the context of stock market
news analysis. By tracking sentiment trends, market
participants can make more informed decisions and
potentially gain a competitive edge in the financial markets.
This research highlights the practical applications of data-
driven insights and underscores their value in making
financial decisions in a rapidly changing and highly
competitive market.
Future work can explore advanced sentiment analysis
techniques, including the integration of natural language
processing and machine learning models. The integration
of sentiment trendanalysis withstockpricedatacanprovide a
more comprehensive view of market sentiment's
impact on stock price movements. In a world where
information drives financial markets, this project contributes
to the growing field of sentiment analysis. By providing a
practical and accessible solution for collecting, analyzing, and
visualizing sentiment in stock market news, the project
equips market participants with a powerful tool for
informed decision-making and risk management.

3. International Research Journal of Engineering and Technology (IRJET) e-ISSN: 2395-0056
Volume: 10 Issue: 11 | Nov 2023 www.irjet.net p-ISSN: 2395-0072
© 2023, IRJET | Impact Factor value: 8.226 | ISO 9001:2008 Certified Journal | Page 363
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