View customizable charts for a specific stock under the Quotes & Research tab of your account. Charted data for a security allows you to view historical performance and identify trends that can help you improve your trading decisions. To access stock charts, enter a symbol in any Detailed Quote box in your account or on the Stocks Overview page and go to the Charts tab.
The Charts page is divided into three sections: Smart Charts, My Charts and Historical Quotes. The Charts page automatically defaults to the Smart Charts section.
Smart Charts - From any stock or fund chart, click Smart Charts to choose to view predefined charts based on Trends, Momentum, Volume or Volatility.
My Charts - Select up to eight settings for a chart and save your preferences so they can be applied to other charts in the future. All saved chart settings will be archived in the My Charts section of your account. Instructions for saving chart settings are provided at the end of this article.
Historical Quotes - A stock's open, close, high, low and volume are presented in list format under the Historical Quotes section.
Once you have customized and saved chart settings, those settings will be accessible from the My Charts section of the page.
You can customize charts based on the time range shown, upper and lower indicators, chart style, comparison features, events and charting tools. Customization opportunities are outlined in more depth below. Once you customize your chart settings, those settings can be saved and applied to other charts in the future. See instructions for saving your chart settings at the bottom of this article.
Chart Customization: Time Range
Use the Time Range drop-down feature to expand or narrow the time frame shown in your chart anywhere from the current day through the last 20 years. After you select the time range, you may select the interval shown (Minute(s), Hourly, Daily, Weekly or Monthly).
Chart Customization: Upper Indicators
Add an unlimited number of upper indicators to your chart from the following choices:
Simple Moving Average (SMA) - Calculated by adding the closing price of a security for a certain time period divided by the total number of times in the period
Exponential Moving Average - Similar to the Simple Moving Average, except more weight is given to the most recent price data
Weighted Moving Average - Similar to the Simple Moving Average, except more weight is given to the most recent price data
Moving Average Envelope - Calculated from the moving average of the stock, shifted up or down by a fixed percentage
Bollinger Bands®- Allows you to compare volatility and relative price levels over a period of time; consists of three bands:
- A simple moving average in the middle
- Upper band (SMA plus two standard deviations)
- Lower band (SMA minus two standard deviations)
Price Channel - May be used as an indicator of volatility. Price channels are created by specifying a number of periods that will chart an N-period high or low around the price line.
10-day price channel will chart the level of the highest close in the last 10 days above the price line, and will chart the level of the lowest cost in the last 10 days below the price line.
If the most recent price is a new high or low, it will be charted outside the channel.
Price Channels are different from a Bollinger Bands because they use high and low price values instead of moving averages as boundaries.
Parabolic SAR - May be used to set trailing price stops for long and short positions. The dotted lines below the price may establish the trailing stop for a long position. The dotted lines above the price may establish the trailing stop for a short position.
Linear Regression Line - A technique for fitting a straight line to a set of data point
Visit the Knowledge Center for additional Technical Analysis information.
Chart Customization: Lower Indicators
Add an unlimited number of lower indicators to your chart from the following choices:
Volume - the number of shares traded during a specified period of time
- Green Color - This means that the current day's close is HIGHER than the previous day's close price.
- Red Color - This means that the current day's close is LOWER than the previous day's close price.
- Black Color - This means that the current day's close is EQUAL to the previous day's close.
* The bar length of the chart below correlates to the volume for that day. The colors correlate to the closing prices.
Performance vs. [S&P500] -performance of the stock compared to the performance of the S&P500
MACD (Moving Average Convergence Divergence) - uses moving averages to create trend characteristics and measure the difference between the stocks 26-day and 12-day Exponential Moving Averages
Slow Stochastic - a momentum indicator that shows the location of the current close relative to the price high and low range over a set number of periods
Fast Stochastic - a momentum indicator that shows the location of the current close relative to the price high and low range over a set number of periods
RSI (Relative Strength Index) - may be used as a momentum indicator; compares the stock's recent gains to the recent losses with a numerical result between 0 and 100
Momentum - the amount of acceleration of the stock's price or volume
On Balance Volume - may be used to measure positive and negative volume flow, adds the period's volume when the close is up and subtracts the period's volume when the close is down, the total of the additions and subtractions forms the On Balance Volume line
DMI (Directional Movement Index) - utilizes a 0 to 100 scale to determine the strength of any trend that's present
Money Flow - may be used as a momentum indicator, compares the positive money flow to the negative money flow to create the indicator
Chaikin's Volatility - measures price volatility by comparing the difference between a series of a security's high and low prices
Williams % R - may be used as a momentum indicator for measuring overbought or oversold stocks
Accumulation/Distribution - May be used to measure volume and money flow
Ultimate Oscillator - Combines the stock's price into three different time frames. The scale ranges from 1 to 100; some consider 30 and below oversold, some consider 70 and above overbought.
Visit the Knowledge Center for additional Technical Analysis information.
Chart Customization: Chart Style
Select from the following chart styles:
- Candlestick Red/Green
- Close Line
- % Change Fill
- % Change Line
Select the scale shown on the chart from the following:
Chart Customization: Compare
Add additional stocks, ETFs or indexes to the chart by entering the symbol in the Symbol(s) box and clicking Submit.
You may add the following to your chart:
- Recent Research
- Major Indexes
- Market Sectors
- NYSE AMEX Select Sector SPDRs
- Fixed Income
- Currency Rates
You may add a stock, ETF or Index to your Lower Indicator Chart by entering a symbol in the Symbol(s) box under Add Lower Comparison. Then, click Submit.
Chart Customization: Events
Choose to view any of the following events on your chart:
- Earnings (QTR)
- News Overlay
- S&P News
- Dow Jones News
- Other News
Note: Select up to 30 days of news headlines to view on the chart.
Chart Customization: Tools
The Tools feature allows you to customize your chart with trendlines, horizontal lines and zoom features.
When you add any of the indicators listed below, SmartText will display above the chart. Click on the plus symbol (+) to expand the SmartText display. SmartText gives you plain-English explanations of the indicators you added to your chart view. SmartText is available for the following Upper and Lower Indicators:
- Price Channel
- Moving Average
- On Balance Volume
- Relative Strength Index (RSI)
- Slow Stochastic
- Bollinger Bands
- Parabolic SAR
- Williams %R
- Ultimate Oscillator
- Directional Movement Indicator (DMI)
If you do not want to see the SmartText next to the chart, click the Hide Help link.
Saving Your Chart Settings
Once you customize your chart settings, those settings can be saved and applied to other charts in the future. You may save up to eight settings. Click the Save Chart Settings button below your settings and enter a name for the chart in the field provided. To save the settings for future use, click Submit. To access your saved settings, go to the Charts tab of any security and click My Charts.
Watch Research & Analysis Tools in the Trading Website to learn how the in-depth research tools in the Scottrade Trading Website can enhance your trading and help you react quickly to market opportunities that fit your investment strategy.
The tools described in this article are for information purposes only and their use does not guarantee a profit. None of the information provided should be considered a recommendation or solicitation to invest in, or liquidate, a particular security or type of security. Investors should fully research any security before making an investment decision.
Investors should consider the investment objectives, charges, expense, and unique risk profile of an Exchange Traded Fund (ETF) carefully before investing. Leveraged and Inverse ETFs may not be suitable for all investors and may increase exposure to volatility through the use of leverage, short sales of securities, derivatives and other complex investment strategies. These funds' performance will likely be significantly different than their benchmark over periods of more than one day, and their performance over time may in fact trend opposite of their benchmark. Investors should monitor these holdings, consistent with their strategies, as frequently as daily. A prospectus contains this and other information about the ETF and should be obtained from the issuer. The prospectus should be read carefully before investing.