BigCharts is an online charting software that allows you to plot stock price, Bollinger bands, and more. It is free and available to anyone.
Preparing a line chart
A line chart is a common way to visualize data. It is particularly useful when showing trends over a period of time, as it allows users to see changes in price, value and other variables. There are several types of charts available, including a column chart, line chart and dot plot. However, a line chart is best suited for the task of displaying trends and comparisons between multiple securities.
The dot plot is a variation of the line plot that uses continuous values of a second variable. The dot plot is like a line chart, except it lacks line segments connecting consecutive points.
The rate of change indicator is a good example of this type of chart. It measures percentage changes in a price over a specified period of time. This is a useful graph for intraday trading. Another type of chart is the area chart, which uses shading between the line and the zero-baseline to show values.
In addition to the usual horizontal axis, a line chart can also be accompanied by a vertical axis. Both axes can be positioned in the same domain or separate domains. Some data visualization tools allow for a dual axis chart, while others may be limited to one.
In addition to a standard line chart, there is a ridgeline variant of the line chart. Unlike the other chart types, the ridgeline plot uses a series of lines that alternate vertically, with each line on a different axis. While the ridgeline plot is less than ideal for comparing groups of frequency distributions, it can be advantageous in displaying a clear pattern.
In addition to the dot plot, a line chart can also display the best value for a given interval. Using a filtered drop-down list, viewers can focus on a specific set of criteria. This makes it easy to highlight the most important information from a large data set.
If you have a large amount of data, an Excel macro is an excellent way to quickly organize your data and plot your charts. You can use Visual Basic or Microsoft Office to create a macro that automatically sorts, moves and displays your data.
Plotting a stock price
If you are looking for a tool to help you plot the latest stock price data, you have landed on the right site. BigCharts offers a robust array of charts, indicators, and features to make charting fun and easy. These include user-adjustable simple moving averages, exponential moving averages, and performance comparison charts. In addition, the site is built on a powerful search engine to give you quick access to all the information you need.
The graphical display highlighting the P/E ratio is something that you will rarely find on a generic website. The P/E ratio is one of the more popular measures of stock valuation. It is calculated by dividing the current price of a stock by the company’s earnings per share.
The aforementioned P/E range indicator is only available for quarterly and yearly time periods. While this is a good indication of the relative performance of a particular symbol, it is not necessarily clear which stocks are doing well and which are not.
The site also boasts a variety of other features, including real-time market data, images, and finance news. As a bonus, you can also save your favorite quotes for future reference.
Unlike a lot of other sites, BigCharts allows you to customize your chart. This includes choosing the chart type, adding and removing a facet, and changing the y-data array. Aside from the main chart, you can also add charts to your desktop. Another plus is that BigCharts provides free interactive charting. You can even download charts as PDFs for free.
Using the tool, you can also check out the latest corporate earnings announcements. Additionally, you can learn more about the latest technical analysis techniques. From candlestick charts to reversal patterns, you’ll find it all here.
The BigCharts site is full of useful tools that will help you improve your investment portfolio. For instance, the site’s Advanced Charting Pro (ACP) provides real-time charting and supports multi-chart layouts. There are also indicators such as the RSI and MACD to choose from, as well as a number of other charts.
Whether you are an experienced investor or a neophyte, you can use the tools and charts available at BigCharts to find the best deals in the financial market.
Bollinger bands indicator
When you’re looking for a simple technical analysis indicator, Bollinger bands are a good choice. They are designed to help you determine whether a stock is overbought or underbought. They use a moving average and two standard deviations to measure volatility. You can use them alone or combine them with other indicators.
In most cases, Bollinger Bands are calculated with the help of a 20-day simple moving average. The next data point is added to the moving average, which is usually around day 22. This method is also used with the BandWidth indicator. If the next data point shows a higher price than the previous, it indicates that the market is oversold. Similarly, if the next data point shows a lower price than the previous, it indicates that the stock is overbought.
Bollinger Bands are usually composed of two standard deviations of a moving average. The upper band is two standard deviations above the moving average, while the lower band is two standard deviations below the moving average. These two lines form an envelope around the moving average. During times of low volatility, the bands narrow. On the other hand, during times of high volatility, the bands widen.
Bollinger Bands are a popular technique to find investment opportunities. However, they are not a perfect indicator of stock prices. Most people mistakenly believe that when the price of a stock hits the bands, it will be a buying signal. While this is possible, it is not a reliable indication of when a price will change. Typically, a tighter band will result in a sharper move, so keep that in mind.
As a rule of thumb, Bollinger bands are best used in conjunction with other indicators. They can be customized to suit your trading strategy. Some traders prefer to use a Money Flow indicator, while others prefer to use a relative strength index.
One of the most common ways to use Bollinger bands is to set them to +/- two standard deviations from the moving average. You can also choose to have them derived from a different price range. For instance, you can use the lower band for long-term trading and the upper band for short-term trading.