StockCharts is a comprehensive platform that provides charting tools and customizable scans along with timely alerts and notifications.
In 1999, StockCharts was founded by Chip Anderson. This platform won its first excellence award in 2002. It was named the:
The website introduced a blog section in 2015 to increase the knowledge of the users. In 2016, StockCharts included stocks from London Stock Exchange, UK, and NSE, India. Since then, they have accomplished a lot more by introducing an HTML-5 version.
In 2023, they introduced some new products and features like:
and a lot more.
Given below are the features of StockChart:
On StockCharts you will find many kinds of charts. Some of them can be accessed for free and for others, you need to have a paid plan. Some of the charts might seem old but the analysis and information are equally valuable.
Here are some examples of charts that are available:
The Dashboard of StockCharts is very comprehensive. You can customize it how you like. A summary is available for your selected stocks. This summary will be useful to analyze your trade strategies. What is present on the dashboard?
The stock scanner of this platform is extremely unique which also might create confusion for the new users. Only advanced investors and users understand the concept of stock screening. You can set this scanner however you like.
Once done, you will receive your alerts over email, SMS, and whatever mode you want. For new users, it will be helpful if they see the tutorials.
There are many other features that StockCharts provides like:
If you check the website of StockCharts you will find that they have the charts option there only. But to save your work and enjoy more features you will be asked to upgrade to the paid version.
The most exciting part of this software is that whichever paid level you take, a _30-day free period _will be given. During that time you can check out all the features and decide whether that plan is suitable for you or not.
There are 3 price plans of StockCharts with varied tools and features. Below is a breakdown of them:
The basic plan starts at $18.42 a month. In this, you can save all your work and use 25 technical indicators and 25 technical overlays. You can create custom alerts and the data is available based on real time. Any investor with a narrow focus and go for a basic plan.
The extra plan will be for $27.65 monthly. It is the most popular plan and ideal for long-term investors. Stock price data is available from 1980 and with that, you get 250 chart lists. 200 custom scans and 10 scheduled scans are allowed per month.
The Pro plan is $46.11 a month. Here you can get 500 chart lists, 500 scans, and 500 price alerts. The historical price data is available from 1900. You can also make 25 scheduled scans every month. Charts are available on a monthly and quarterly basis.
The platform StockCharts is not suitable for every investor. Day traders might find it less convenient and lacking certain features. Despite that, it is easy to use and great for specific types of investor categories that include:
Swing Traders do not want to see stock charts every minute. They want to make a fine trading strategy that will help in long-term prospects. Because stock charts offer customizable charting and indicators, swing traders can benefit from it. If you are also a similar kind of trader then by customizing your scans you can be at the top.
Long-Term investors want to see the bigger picture. That is why they see the market trends and future position of the stocks. StockCharts is an extremely useful tool for that. You can try the customizable overlays, indicators, and scans, and figure out the far-off view of the market.
StockCharts offers a wide range of charts, some of which are new and unique from the rest of the industry. You get the perk of easy access. No need to make an account to see the charts!
The chart tutorials are available 24*7 along with market analysis. It implies that you can form a trading strategy anytime during the day. Despite that, it is not suitable for day traders. Until and unless you get a paid plan, you can only access one real-time chart.
Moreover, the platform is dated, which means that saving charts is not possible if you use a free plan. Otherwise, StockCharts is a decent enough platform to rely on. Converting to paid plans will give you an altogether different insight with numerous features and indicators.