Have you ever wondered what the best stock analysis app free is? If so, you’re not alone. There is a lot of different stock analysis software free out there. But it can be overwhelming. And honestly, many of those tools aren’t that great.
If you’ve taken even a single class on investing, you’ve probably heard about stock analysis software. But did you know there are apps available for you to use for free? Or did you know there are stock analysis software free? Even if you don’t get one of the apps free, it doesn’t matter — you will still be able to analyze stocks and learn how to trade stocks.
MoneyControl
Play store rating: 4.1/5 Stars (360k Reviews)
Downloads: +10 Million
Available on: Android, iOS, Windows
This is our personal favorite mobile app for stock market news and updates. If you are planning to keep only one stock market app on your smartphone, then we will highly recommend you to have this one. The money control app is simple, yet has tons of information and news.
You can track the latest updates on Indian and Global financial markets on your smartphone with the Moneycontrol App. It covers multiple assets from BSE, NSE, MCX, and NCDEX exchanges, so you can track Indices (Sensex & Nifty), Stocks, Futures, Options, Mutual Funds, Commodities, and Currencies with ease.
Key Features:
- Ease of Use: Easy navigation to all financial data, portfolio, watchlist and message board. Single search bar with voice search for stocks, indices, mutual funds, commodities, news, etc
- Latest Market Data: Latest quotes of stocks, F&O, mutual funds, commodities and currencies from BSE, NSE, MCX, and NCDEX
- News: All-day coverage of news related to markets, business and economy; plus interviews of senior management
- Portfolio: Easy monitoring your portfolio across Stocks, Mutual Funds, ULIPs, and Bullion. Timely updates on the performance of your portfolio, and news & alerts relating to stocks you hold
- Personalized Watchlist: Adding your favorite stocks, mutual funds, commodities, futures, and currencies to monitor. Get timely alerts in form of news and corporate action
- Message Board: Follow your favorite topics and the top borders to get recommendations. Engage and participate in conversations relating to your portfolio or interest
MarketWatch
Gather important financial news, global market stories, prices in real time and daily analysis of the market, this free app keep you updated with the stock market news, even when you’re on the go.
Pros:Quick access to new stories with MarketWatch makes it that much easier to remain up to date with all that you need to know – required for any investor.
Cons:This app requires to swipe up and down to check out the latest market update, which is spontaneous compared to swiping left and right and usual in other apps.
Trade Ideas
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.
Robinhood
Robinhood offers commission-free trading on stocks, exchange-traded funds (ETFs), options and some crypto. You can buy fractional shares, set customized alerts and get regular updates with the latest news headlines related to your investments.
This is a great option for beginners because the interface makes it easy to both start trading and learn the ropes of investing. It’s also a good option for those who want to start investing with less capital since its fractional shares make it easy to invest at any budget. However, those who are investing for their retirement will miss out on tax protections — Robinhood doesn’t yet offer IRA or other tax-deferred retirement accounts.
StockRover
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
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.
Stock Edge
Play store rating: 4.4/5 Stars (31k Reviews)
Downloads: +1 Million
Available on: Android, iOS
Stock Edge helps Indian Stock market traders and investors do their own research and make better decisions by providing them with end-of-day analytics and visualizations and alerts.
Key Features
- Daily Updates Section for filtered major market tracking with News, NSE & BSE Corporate Announcements, Forthcoming events, & Corporate Actions and more.
- FII/ FPI & DII Cash and Derivatives with strong historical data visualization Daily, Monthly & Yearly.
- Opportunity Scans: Price Scans, Last week high/ low, Last Month high/ low, 52 weeks high/low, 3 days price behavior, etc.
- Track what Big Indian Investors are doing. Use MyInvestorGroup section to create your own group of Investors with their multiple names/entities etc.
- Sector Research: Sector List, Industries in a sector, Companies in a sector/Industry, Price Movement of last 30 days presented in a simple graph, Gainers, Losers etc.
Conclusion:
Trading stocks might seem daunting at first, but if you have the right tools on your side, then you can be on your way to making some smart stock trades. You need a stock analysis software free so that you can do the necessary analysis of different stocks.