The 3 Best Stock Charting Websites Timothy Sykes

Post on: 12 Июнь, 2015 No Comment

The 3 Best Stock Charting Websites Timothy Sykes

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Were building out our StocksToTrade.com software to have the best features and so far the early reviews have been great some trading challenge students say it makes them feel like a master of the universe (LOL seriously) but here are 3 other websites which I use.

This is a solid guest post from a trading challenge student here:

Technical analysis is a huge part of Tim’s trading technique. The other guru’s on profitly are constantly using technical analysis as well, so I figured it would be very helpful for all of you to have a post focusing on some of the best web-based stock charting tools. If you are going to dive deep into technical analysis, I recommend finding a software based system, since that will have several more features than web based. But keep in mind that they will also be very expensive, so when you are just starting out or if you are not planning to focus on technical analysis too much, use one of the three websites I have detailed below. I found a great article on aaii.com  that dove really deep into the features of each of these websites and the pros and cons to each. The three websites they recommended were BigCharts.com, FreeStockCharts.com and StockCharts.com. Here is that post:

BigCharts.com has been a long-time stalwart among technical analysis and charting sites, consistently ranking among the most popular online charting services. This free site blends together free charting, a library of key technical indicators, market and company news, historical quotes, and industry analysis.

BigCharts.com offers users several charting options: quick charts, advanced charts and interactive Java charts.

With quick charts, you enter a ticker symbol and specify the timeframe to generate a chart. Quick charts do not support the plotting of multiple securities simultaneously, and the indicators and studies automatically drawn with the chart are those saved in the chart settings.

The advanced charts provide additional features. You have the option of selecting a predefined time period or specifying a custom time period. Intraday data is available in one-, five-, 15- and 60-minute increments; daily, weekly, monthly, quarterly and yearly frequencies are also offered. With each chart, you can select from a library of over 30 technical indicators and studies—including stochastics, relative strength index RSI, Bollinger bands, and the MACD (moving average convergence/divergence). Perhaps the only negative attribute of the entire site is the inability to modify the parameters of technical indicators. Users can only alter the time periods of moving averages displayed on their charts.

There are also seven options for chart type, including open, high, low, close; high, low, close; candlesticks; and bar charts. Depending on the security or index you choose, data is available going back to 1976. Once you have made your setting choices, you can save them for future use.

With the site’s interactive Java charts, you can plot a variety of time frames, although you do not have the ability to plot a custom time frame as you do with the advanced charts. You have the same collection of indicators from which to choose and, again, you are only able to modify the moving averages. The most useful feature of the Java charts is the ability to draw custom trendlines.

For historical quotes, you specify a ticker and date and BigCharts.com provides the open, high, low and closing prices, as well as the volume for that date. However, you cannot view data for a range of dates or export historical data.

BigCharts.com has the ability to deliver custom charts to users via e-mail on a daily or weekly basis, or when viewing a chart through your browser. Both options require that the recipient of the charts have HTML-enabled e-mail software.

The site also offers 12 BigReport “scans” that identify U.S. and Canadian stocks with the largest percentage changes in price or volume, as well as the most active stocks and those reaching 52-week highs or lows.

BigChart.com’s solid collection of free charting capabilities makes it an excellent choice for beginner and intermediate technicians.

FreeStockCharts.com is a relative newcomer to the technical analysis and charting arena, yet it offers an impressive array of tools. Developed by Worden Brothers, the company behind the TeleChart2000 technical analysis and charting software, the site is unique in that it offers totally free streaming “real-time”  charts of indexes, stocks and ETFs, without exchange fees. It does this by providing real-time data from the BATS exchange. Any data that is less than 15 minutes old comes from BATS, while data older than 15 minutes is filled in using complete exchange data. It is worth noting that the “real-time” data being displayed on the charts may differ from what you would see elsewhere, especially for stocks that are not actively traded. Furthermore, you may choose to display volume activity either for trades placed with BATS only or using an approximate total volume.

For charting purposes, FreeStockCharts.com offers line, bar and candlestick charts. You can plot charts on an intraday basis as well as on a daily, weekly, monthly, quarterly and annual basis. The site also boasts one of the larger indicator libraries available online: There are over 80 technical indicators, all of which you can modify to your needs. You can also draw your own trendlines.

Registered users can create chart layouts and save them for future use. A layout consists of the underlying symbol and any desired indicators. Once you save a layout you can access your pre-configured charts from any computer.

The 3 Best Stock Charting Websites Timothy Sykes

There are also built-in watchlists covering indexes, industries and ETFs. For example, you can click on the NASDAQ 100 Component Stock watchlist or see all of the stocks that make up the PowerShares QQQ Trust ETF (QQQQ). Users can also create and save their own watchlists.

The site offers free technical screening, but only for stocks in the S&P 400 and 600 indexes as well as those in the Dow Jones industrial, transportation and utility averages. A gold subscription, which costs $29.99 a month, allows you to screen on U.S. and Canadian common and preferred stocks, Morningstar industry groups, and ETF families.

Finally, the site offers streaming real-time news items.

While free streaming real-time charts are an attractive feature, the impressive collection of technical indicators, watchlists and real-time news are what make FreeStockCharts.com an Editor’s Choice.

StockCharts.com is our third Editor’s Choice for top technical analysis websites. It is one of the most well-rounded sites of its type, offering robust charting and scanning capabilities, as well as a rich collection of technical analysis educational content. The site offers free content as well as fee-based subscriptions ranging from $14.95 to $34.90 per month.

For charting, StockCharts.com offers one of the best collections of charts available on the Internet. The site features line, bar and candlestick charting, as well as three options for point & figure charting. In point & figure charts, the site automatically displays pattern alerts. The site offers over 40 technical indicators and line studies. Non-subscribers can only plot three indicators at a time, while premium users can plot either four (Basic) or six (Extra! and ExtraRT!) indicators on a single chart. Subscribers and non-subscribers alike can modify the parameters of the technical indicators as well as dictate the time frame charted. Subscribers can save charts to a favorites list for future analysis and save their chart settings. The site’s free charting service displays data on either a daily or a weekly basis. However, only three years of historical data is available to non-subscribers. A subscription is required to chart intraday data; real-time charting, albeit not streaming, is available for $34.90 per month. Even if you are not an Extra! subscriber, you still get “real-time” data courtesy of the BATS exchange.

StockCharts.com offers a collection of stock scans that allows users to apply technical formulas to a stock universe to receive a listing of stocks that meet those criteria. Non-subscribers can run predefined end-of-day scans based upon technical indicators as well as candlestick and point & figure patterns. The site screens stocks traded on the NASDAQ, NYSE, Amex, and Canadian exchanges. Mutual fund scans are available as well.

For $14.95 per month, Basic subscribers are given the limited ability to create but not save their own screens and can only view up to 10 results per scan. Both Basic and Extra! members have over 130 technical fields at their disposal when creating their own scans. Basic members use a watered-down screening module, which allows for scanning on up to four predefined chart patterns and technical indicators at a time. With an Extra! membership ($24.95/mo.), you can scan on an intraday basis and access an advanced user interface to enter in your own scanning expressions. Extra! subscribers can also create custom scans and view all the results of a scan (up to 1,000 symbols).

If you want to learn more about technical analysis, extensive educational content is available in the ChartSchool section of StockCharts.com. Articles cover the basics of investing and technical analysis, as well as trading strategies and how to use technical indicators. A discussion of charts explains the common patterns that appear on charts and how to interpret them.

While StockCharts.com offers some of the more robust collections of charts types, indicators and technical screening and scanning capabilities, what really sets it apart is its collection of free educational content. Anyone looking to learn more about charting and technical analysis would be well served by visiting this site.


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