Tools Review – The Top 10 Best Stock Charting Tools on the Web

you are now about to graduate, however having a mastery of Investing means you need to know the very best tools to use. Those tool that offer the most in flexibility, usability, functionality and most of all, enable you to make a killing in the marketplace.

We did not review every feature, we only compared the features that we feel the winning investor really needs. However the review is indeed very detailed and specific.

Through detailed research of the most popular Free Stock Charting Tools on the web liberatedstocktrader.com has compiled the definitive review of FREE Stock charting tools. We selected the biggest hitters of the Stock Charting Community and pitted them head to head to make your life easier and save you the work.

We would claim this is the “TOP 10″ Online Stock Charts around today, however there were only 8 that met our minimum criteria and were worth reviewing.

So here we go with the TOP 8 Stock Charting Providers on the web.

Comparison Factors, what the Intelligent Investor needs!
So now you know the measures here are the results.

Click here to see the exanded table

Caveats for the review:

• Other Charting tools may exist, but they were not easily locatable from Google Search.
• If a function exists within a tool but was not discovered by the reviewer that is not the fault of LiberatedStockTrader.com, please make your functions more easily accessible.
• The criteria used, are those that are in the view of liberatedstocktrader.com the most important factors according to our successful trading strategy.

**THE WINNER http://www.freestockcharts.com/ **

Well, this tool has it all,

• vast array of indicators
• candlesticks, OHLC.
• the ability to plot Trend lines not only on price but on all the indicators
• Fibonacci Lines / Fans / Arcs
• free realtime streaming Price & Volume
• intraday 1 minute – 1 year per bar
• integrated portfolio management,
• streaming News, this is invaluable
• Fantastic User Interface
• Watchlists
• Also with the premium version in built Stock Scanning & the TSV Proprietary indicator.

This has been recently launched by the Worden Brothers Incorporated, and is based on the multi-award winning Telechart 2007.
This tool is way ahead of the pack. The Liberated Stock Trader uses Telechart 2007, to screen, sort, and find winning stocks, and FreestockCharts also comes highly recommended.
You will need to have the latest version of Microsoft Silverlight, but this will install quickly.

Google Finance While Google finance suffers criminally in the weakness of its charting, scoring 7 out of 28 points, and the worst of all contestants, it is not all bad news.
Google is an excellent place to go for a single page of latest news, blog alerts, and the P&L & Balance Sheet of any stock, and if you only need a rapid view of the general stock this is still a good stop of point for a general look. The news reports can be overlaid on top of the stock price which is unique and valuable to the investor interested in how news plays out in the stock price.

Yahoo Finance Yahoo like Google offers no trend lines, but does offer 9 sub windows with a healthy array of indicators to plot in those windows. Coming joint second in our review, Yahoo it seems can do at least one thing better than Google.
MSN MoneyCentral While the stock screener from MSN Money is in the opinion of the author the best free screener available, the charting software comes in only in 6th spot. Lack of trend lines, Moving averages, OBV and index overlay mark it down heavily. However with Membership you can get real-time stock quotes.
CNN money: CNN money fares well in joint 3rd place with all indicators available, but suffers from only 1 sub windows and no ability to draw trend lines. Also the chart is only static, and non interactive format becomes highly annoying after a while, having to continually refresh the page to get new indicators plotted will make the experiences investor growl.

AOL Finance: AOL finance, “nice try but no cigar”, more effort required to produce a good product. Read the results table, 7th place, no need to discuss further.
Reuters: With its powerful news reporting and RED Green Candlestick plotting Reuters does have a lot to offer, coming in Joint second with Yahoo. Missing stochastics, money flow and rolling EPS combined with its lack of trend lines, takes it out of the reckoning for leadership in this test.
Stockcharts.com: The self proclaimed “simply the webs best financial charts” unfortunately comes in joint 3rd in our survey. Worth commending are the sharp charts, which are visually very impressive, and its array of exotic indicators may excite the “think they know it all investor”.
Missing trend lines, rolling EPS, and a weak news service do not do it justice. More effort from Stockcharts.com could make it one of the better free services on the web. They do offer a Membership service starting at 14.95, and scaling upwards, but for this money you could buy a service like “Telechart 2007” which is frankly the best pay for Charting and screening software around for those on a budget, at $29.99 per month.
If you would like to be included in this review please post to this blog and you will be considered.

Save yourself time and effort use Freestockcharts.com for Charting, and go and nail down some profit.

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