Best Stock Analytics Software

Stock analytics software is a type of statistical relational database management system (known as a “smarter” trader) for anyone to use. For the computer program, the algorithm analyzes different stocks.

Stock analytics software is a specialized piece of software that enables users to analyze the performance of the stocks. It lets you not only access all the information about your stocks, but also enables with useful filters to help you make better decisions.

Ally Invest

Ally Invest’s brokerage platform includes a stock screener that is powered by Trading Central.

Charles Schwab

Charles Schwab’s frequent trader platform, StreetSmart Edge, offers Screener Plus, which uses real-time streaming data, allowing clients to filter stocks and ETFs based on a range of fundamental and technical criteria, including technical signals from Trading Central (Recognia). Traders can set the parameters that are most important to them and then integrate Screener Plus results with their pre-defined watch lists. StreetSmart Edge’s customizable charts incorporate Trading Central (Recognia) pattern recognition tools.

Charting on mobile devices includes quite a few technical analysis indicators, though there are no drawing tools.

E*TRADE

On Power E*TRADE, the firm’s active trader platform, the Live Action scanner has over 100 pre-defined screens that scan the market in real-time on live prices and live analytical metrics based on technical, fundamental, earnings, sentiment and news events.

The Oscillator scans built into Live Action help uncover overbought or oversold stocks and explore additional opportunities for a client’s portfolio. Many of these built-in screens are unique to the Power E*TRADE platform.

The Recognia scanner enables you to scan stocks based on technical events or patterns, and set alerts when new criteria are met. You can use the paper trading capabilities of Power E*TRADE to test out your technical trading system.

Fidelity Investments

Active Trader Pro is Fidelity’s downloadable trading interface, offering a deeper feature set than is available through the website. Active Trader Pro provides customizable charting functions and trade tools upfront. The software can alert you to technical signals in stocks you are following, and provide alerts on open positions.

Fidelity’s web-based charting has integrated technical patterns and events provided by Trading Central. The advanced charting on the web offers the ability to see 30 days of intraday data, extended hours data, and more than 60 fully customizable technical indicators.

The Fidelity Learning Center with content made up of articles, videos, webinars, infographics, and recorded webinars, includes a focus on technical analysis.

Fidelity also offers weekly online coaching sessions, where clients can attend with a small group to have in-depth discussions around the topics of options and technical analysis.

Trade Ideas: Best Stock Analysis Software for Day Traders

trade ideas stock analysis software for day tradres

Trade Ideas is the number one trading tool for any day trader. Whether you are a beginner or an experienced stock trader, Trade Ideas will help you to improve your day trading.

This stock analysis software comes along with powerful features. It costs less than $3 a day, and even the real time market data feed is included in the price. Market data subscriptions can add up fast. So it’s just great that these are included in your Trade Ideas Pro subscription.

Trade Ideas is more than just a stock research tool. It is the most comprehensive software for stock trading out there and especially beneficial for day traders. You can connect the in-build brokerage plus API to trading platforms like Interactive Brokers for automated trading.

Trade Ideas is an all-in-one solution and has a lightning-fast stock screener, charting capabilities for technical analysis, and in-build artificial intelligence features. But that’s not all. Trade Ideas provides one of the best backtesting software solutions and focuses on high-grade trading education with free webinars, help guides and chat room access. In addition, it can be used as a web-based technology and can be downloaded for installation on your PC.

Also, Trade Ideas implemented an artificial intelligence based trade alert stream, supports automated trading, fast and reliable backtesting, and scans for hundreds of trading strategies.

 TrendSpider: Best Stock Analysis App and SaaS Solution

trendspider stock analysis app

TrendSpider is a unique stock analysis and charting software. It is an innovative solution that automatically plots trendlines, identifies support and resistance levels and enables you to set dynamic price alerts.

TrendSpider is a technical analysis tool with extensive charting capabilities, technical indicators, and various chart types for intensive stock market analysis. An integrated stock screener, the backtesting function, dynamic alerts and insights to enhanced fundamental data make it an innovative software as a service solution. It works on any browser, and subscribers can also use the TrendSpider app on iOS and Android devices.

TrendSpider currently offers a free trial with access to all functionalities. The regular pricing starts at $39 with a month-by-month subscription plan. All subscriptions include real-time data.

Active day traders may consider Trade Ideas before TrendSpider, but swing traders and less frequently trading day traders consider using TrendSpider.

StockRover – Best Overall

StockRover Logo
StockRover is integrated with almost all of the big broker platforms and offers premium services.

Pros

  • Advanced comparative analysis
  • Recommendations with supporting data
  • No installation required
  • Available on PC, Mac, Smartphone and Tablet
  • Incredible reports on specific stocks generated in real-time

Cons

  • Could be improved by more technical indicators

Visit StockRoveron StockRover’s website

StockRover Review 📖

StockRover integrates with almost every large broker, including Fidelity and Firstrade. Although you won’t be able to trade from charts, it will look after the profit and loss reporting and offer recommendations on portfolio rebalancing

This software is most suitable for long-term investors and those looking to optimize their portfolio income. A high-point of the software is its stock scanning, filtering, and of course, its fundamental watchlists. The premium service offers traders more than 150 thoughtfully pre-built screeners, including a favorite, Buffettology screener.

Pricing and Plans 💰

A free version of StockRover is available, and it is impressive. But the premium plus service unleashes the real potential of the software. Moreover, it comes in at a competitive price point of $27.99 per month. The analysis software runs on smartphones, Mac, PC, and tablets, with no installation necessary.

Features ⚙️

For news and social media integration, StockRover shows information from Benzinga News and Yahoo Finance. Yahoo Finance has a lot of great articles and news regarding the fluctuation of the stock for example StockRover could predict that Microsoft stocks are great to be bought or if NVIDIA shouldn’t be bought right now. While they are not real-time, this shouldn’t be an issue for any long-term investors. 

Using technical analysis and reading stock charts are crucial parts of trading. If these are a priority for you then it is worth noting that StockRover focuses on charting the fundamental financial strength indicators. In comparison, TradingView and MetaStock focus on hundreds of technical analysis indicators.

Now we know that StockRover is different from other software vendors, we can understand why it offers over 10 years of scanning possibilities and information—this is far better than almost all other stock screening packages.

For usability, the software can be set up within 15 minutes with no installation needed and no data feeds that need configuring. Even better, the software offers so many screeners and portfolios ready to be imported so that you can get started instantly.

For the long-term investor, there’s no better option than StockRover.

Conclusion

This stock analytics software is an essential tool for anyone who wants to sell stocks online. With the stock rating system, you’ll be able to easily identify if a company is undervalued, fair valued or overvalued. By giving you detailed charts for each rating category, it’s easy to find the best buys.

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