Top Charting Web Sites
The FreeStockCharts site (formerly BestFreeCharts) is a relative newcomer to the online charting arena, but has already made quite an impression on us. From Worden Brothers, the maker of the popular TC2007 charting software, the site offers charting, scanning, and portfolio tracking on a free and fee-based basis. The site is unique in that it offers free streaming “real-time” charts of stocks, exchange-traded funds (ETFs), indexes, and forex (foreign exchange) without exchange fees. It does this by providing real-time data from the BATS (better alternative trading system) exchange.
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 among online services with over 60, all of which you can modify to your needs. You can also draw your own trendlines. Registered users can create chart layouts or templates and save them for future use. Once you save a layout, you can access your preconfigured charts from any computer.
There are also built-in watchlists covering U.S. and Canadian common stocks and indexes, Morningstar industries, and ETFs. For example, you can click on the Russell 1000 watchlist to see all of the stocks that make up that index. Users can also create and save their own watchlists.
Free users can create scans that will search the S&P MidCap 400 and SmallCap 600 constituent stocks based on over 80 technical and fundamental factors.
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