Stock Chart Wizard
by CI Staff
Stock Chart Wizard, this month’s featured download, allows you to easily create, analyze, tweak and export a range of stock charts. It boasts a clean design and straightforward functions. The program is a great tool for users looking for technical analysis to compliment their stock selection process.
In order to create a chart, click on “New Chart” in the “File” menu and type in the ticker symbol. The data will download automatically. Specify the time period to chart by using the icons at the top. The program provides line, open/high/low/close, high/low/close and candlestick charts, and toggling through these various chart choices is as simple as clicking on their icons. The charts show the stock’s price through selected time periods and volume by default, but indicators such as moving average convergence/divergence (MACD), momentum, relative strength and stochastic can be added using chart options. A total of six indicators can be displayed. Further, you can plot simple moving average lines, exponential moving average lines and Bollinger Bands on each chart.
A key function of the program is the ability to create a watch list. The list contains data such as price, high, low and volume in an easy- to-read table. Furthermore, the crosshair utility is useful. Select the crosshair icon; click a spot on the graph, and a table indicating the date, open, close, high, low and volume appear on the screen.
The charts can be printed and the data can be exported into an Excel file for further analysis. In order to export data, choose “Export” in the “Charts” menu. The window allows you to indicate which chart(s) and field(s) to export as well as the folder, file name, delimiter, and data order.
Finally, the program includes a comprehensive help section that provides guidance to first-time users. Although the program is relatively self-explanatory, the help section should clear up any confusion that may arise.
Stock Chart Wizard
Systems: Windows 7, Windows Server 2008, Windows 2003, Windows 2000, Windows Vista, Windows XP; 5MB of free hard drive space
Price: $19.00 to buy program (14-day free trial)