摘要：The main subject of this paper is to find the right approach to the evaluation of stock and predicting the moment in which investors should take action by using different approaches and methods during a certain period of time. This analysis has been made by using stock prices quoted on the Zagreb Stock Exchange (ZSE). This paper identifies how fast and to what extent turbulences in the global economy may have an impact on Croatian stock market. In the paper are estimated situations in which it is better to rely more on indicators of fundamental analysis than on technical analysis and vice-versa. It is also estimated which indicators should be used as the support to these two analyses. In the paper were explored the movements of the stock prices and CROBEX index and whether they can be used as the signal of a “cyclone” in the economy or presented as the result of a slow down in the economy.
