Kuala Lumpur, Malaysia – September 17, 2021 – (ACN Newswire) – Recently, the Shareschart team proudly announced the launch of its automatic technical and fundamental analysis tool. It is a type of proprietary online stock analysis software for day trading, swing trading, long term investing and value. It tries to help users recognize and exploit trends faster than the average trader and value investor, as well as track price movements and indicators.
Shareschart is a unique new offering in technical and fundamental analysis, with a host of automated tools and AI-assisted technical expertise that will impress even the most seasoned traders and investors. Shareschart’s program is completely free at the moment, and professional traders or investors who just want to get in, track their stocks and get back to work will appreciate Shareschart’s emphasis on personalization.
Their team consists of seasoned coders, traders, or (in many cases) both. With their huge staff and state-of-the-art IT systems, they are able to provide customers with the best possible service.
The majority of experienced traders and investors use technical analysis to determine whether a stock will rise or fall in value. Technical analysis is a kind of financial analysis that uses mathematical formulas and charts to identify trends in the movement of a stock price or the overall market. Hand drawn trend lines and resistance points on a candlestick or bar chart are common in technical analysis, and these trend lines are often incorrect and need to be redrawn.
Shareschart is an automated technical analysis application that tries to eliminate the manual component of traditional technical analysis in order to get more accurate results. For a more personalized technical analysis experience, Shareschart primarily focuses on customization tools and indicators, while allowing users to create their own indicators / trend lines and watchlists.
The detection of the trend line is done automatically. The algorithms are used by Shareschart to automatically place and calculate trend lines. Users should expect Shareschart lines to be more accurate than those placed manually, as the Shareschart program uses data to create trend lines instead of the old practice of “eyeing your eyes” where the line looks correct. Shareschart can also be adapted to the user’s preferred line art style.
Fibonacci retracements are calculated automatically. No more manually guessing where their peaks and troughs are, and no more wasting time calculating retracement levels. Shareschart takes much of the guesswork out of technical analysis, resulting in more accurate results with their unique scanner.
The candlestick pattern detection is automated. Over 40 different types of candlesticks can be detected and highlighted by Shareschart’s algorithms, which present them with easily identifiable designated parts.
Shareschart offers technical and fundamental data for all major stock markets, including the United States, Hong Kong, China, Singapore, and Malaysia, as well as cryptocurrency.
SharesChart is here to help users with fundamental analysis and charts, regardless of their skill level.
When users register for a free account, you will have access to SharesChart’s graphing capabilities, including the ability to build technical and fundamental scanner and market indicators.
Overall, SharesChart is a great tool for finding, tracking, and filtering their favorite stocks, whether the user is an avid trader or just curious about what’s going on in the market.
The Shareschart team is also encouraged to keep developing new tools and features, as the software’s performance is constantly improving, as evidenced by its website.
For more information, please visit: www.sharechart.com
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