Stock market analysis; power up!
There is an issue on that great big internet and it is a lack of good quality charts for stocks and market E.T.F.s. Try this.
Stockcharts.com is one of the best free charting services for looking at markets, stocks and E.T.F.'s. Use this site for charts as clarity in a chart is essential for effectively interpreting the behaviour of a market or security.
However, stockcharts default settings aren't particularly useful so a number of changes helps. Your chart settings are not saved by stockcharts, so you have to redo it every time you open up your browser to use stockcharts.com. It's a small hurdle to accomplish greatness in managing your portfolio.
The moving averages may vary from one market cycle to another. Indications for more useful moving averages are frequently noted in the home page (market news commentary), or in the archived market news. Remove them entirely, by clicking "clear all" in overlays (second section below a chart).
Enter a symbol in “create a chart” (approx. the center of the page below their menu). For example, Nasdaq is $compq, the TSX is $TSX. To find a symbol for another security enter several letters of the name of the security or market average.
Scroll down below the chart to find the settings fields. Clear all for both Indicators and Overlays. Click clear all. Experienced investors may add moving averages. For relevant real time moving averages email email@example.com
How to save settings for future reference
Just underneath the chart there is a menu with a number of options. When you have established your desired settings (see below in chart settings),
- click on Permalink,
- click either option (shorten URL or Reload with link), then save as a bookmark in your browser.
Chrome is recommended for your browser if you are using a desktop (windows o/s) device.
Want to take a closer look at the current action. Try the zoom thumbnail. Cool! It's investor forensics in action.