The world of stock market research is a fascinating one. By using the best stock analysis websites, you will be able to get a clearer picture of the companies that you are researching. There are a number of tools you can use to get the information that you need.
The best part of this is that some of them are free! In today’s post I will be going over some of my favorite stock analysis tools and resources.
TradingView: Best Free Stock Charts & Community
Recommended for USA & International Traders who value a great price (free), excellent Fundamental & Technical Analysis with great streaming news engines, and the best ease of use.
I love TradingView, I use it every day, and I post charts and market analysis directly into the TradingView community and connect with other traders. Connect with me on TradingView.
Pricing & Software
You can have TradingView for free; it is also the winner of our Premium Subscription Stock Software Review for the last four years in a row. The prices are reasonable and unlock a lot of extra functionality. If you like TradingView, you can upgrade to PRO for only $10 per month; the benefits are extensive, including priority customer support, alerts, backtesting, and screening.
TradingView runs on PC, Mac, Tablets, and Smartphones and requires zero installation; it simply works. Click here, and it will be running in 2 seconds.
According to our research, TradingView is the best free stock charting software. TradingView has the largest selection of exchanges globally, making it ideal for international investors. TradingView is not just for free stock charts; it also includes charts for ETFs, Futures, Forex, Bonds, and Cryptocurrency, all at no extra price.
Video: Why I Rate TradingView the Best Free Charting Software
Why I Rate TradingView The Best. Tutorial & Walkthrough of TradingView’s Best Features
Watch this video on YouTube
Try TradingView Now
TradingView Stock Screening
TradingView has real-time scanning, filtering, and fundamental scanning included for free. The screener is incredibly easy to use; you can scan & filter on over 150 criteria. Any idea you have based on technical analysis will be covered. TradingView even has vast amounts of economic data such as Federal Funds Rates and World Economic Growth, thanks to a connection to the Federal Reserve (FRED) database.
Watchlists have fundamentals broken into Performance, Valuation, Dividends, Margin, Income Statement, and Balance Sheet. You can set the watchlist and filters to refresh every minute if you wish.
What makes TradingView stand out is the huge selection of economic indicators you can map and compare on a chart. For example, you can compare the Civilian Unemployment Rate versus the growth in Company Profits for the USA. This is incredibly powerful.
Stock Market News & Social Community
The TradingView platform is built with social at the forefront, including integrated chat systems, forums, and ways to share your drawings and analysis with a single click. This makes for an excellent way to generate ideas and learn from other traders. You have to try it and see it in action to understand the power of the implementation. I share charts, ideas, and analysis regularly; follow me here.
They have also thoughtfully integrated a Kiplinger newsfeed, Stocktwits, and various FX newsfeeds. With a social-first development methodology, combined with powerful economic statistics and a solid newsfeed, it is a great package.
The news feeds are fully integrated, including Kiplinger, DailyFX, Futures Magazine, FXStreet, and StockTwits. Add that to the social network, and you have a great solution. The news service is only second to MetaStock with their Reuters Feeds & Benzinga’s News For Traders.
Free Technical Analysis Stock Charting
With over 160 different indicators, and unique specialty charts such as LineBreak, Kagi, Heikin Ashi, Point & Figure, and Renko, you have everything you will need as an advanced trader. TradingView also has an exceptional selection of drawing tools, including tools unavailable on other platforms such as extensive Gann & Fibonacci tools. In total, TradingView has 65 drawing tools and hundreds of icons for your charts, notes, and ideas.
I have the Premium membership, and with that, you also get Level II data and insight, fully integrated.
This Chart Features Moon phase and Darvas Boxes Complete Flexibility For Free.
Stock Market Apps Usability
Within 5 minutes, I was using TradingView, no credit card, no installation, no configuring data feeds; it was literally just there.
TradingView is up and running with a single click.
Click on the TradingView logo on the left, and it will be instantly running.
It does not get easier than that.
Even better is the fact it is already configured for use. All controls are intuitive, and the charts look amazing. It is quite a feat that it is easy to use, considering TradingView has so many data feeds and backend power.
TradingView is the outright winner for Free Stock Charts in 2021. There is a huge selection of indicators, drawing tools, and it is fully interactive for free. They also offer a premium service to rival the best software vendors out there. Check it out at www.tradingview.com. The PRO plan is very cost-effective, starting at $9.95 per month, and that gets you even faster real-time charts, advert-free services, and SMS alerts.
[Related Article: Backtesting For Advanced Stock Charting System Development]
Motley Fool Rule Breakers: Best for Long-Term Investors Looking for Growth Stocks
Despite its name, The Motley Fool is one of my favorite investing tools. I enjoy their premium Stock Advisor platform. But they also have plenty of free daily articles and podcasts which can give you investing ideas and market clarity.
You can also join their CAPS community for free which provides more information than you may find on other free databases like Yahoo Finance or MarketWatch. Depending on the stock, you can see if other CAPS members are bullish or bearish on a particular stock.
- Available: Sign up here
- Best for: Buy-and-hold growth investors
- Price: $99 for the first year
Motley Fool Rule Breakers focuses on stocks that have massive growth potential in emerging industries. This service isn’t fixating on what’s currently popular, but rather always looking for the next big stock.
The service has six rules they follow before making stock recommendations to subscribers:
- Only invest in “top dog” companies in an emerging industry – As Motley Fool puts it: “It doesn’t matter if you’re the big player in floppy drives — the industry is falling apart.”
- The company must have a sustainable advantage
- Company must have strong past price appreciation
- Company needs to have strong and competent management
- There must be strong consumer appeal
- Financial media must overvalue the company
As you can see, before recommending a stock to users, Rule Breakers considers a number of factors. In short, the service mainly looks for well-run companies in emerging industries with a sustainable advantage over competitors, among other factors.
And their rules seem to pay off if their results have anything to say about it.
Over the past 15 years, Rule Breakers has more than tripled the S&P 500, beating many leading money managers on Wall Street. Their results speak for themselves and easily justify the affordable price tag of $99 for the first year.
What to Expect from Motley Fool’s Rule Breakers:
The service includes three primary items you can expect to receive:
- A listing of Starter Stocks to begin your Rule Breakers journey with their “essential Rule Breakers”
- 5 “Best Buys Now” opportunities each month
- Two new stock picks each month
You’ll receive regular communications from the stock picking service with their analysis and rationales for buying stocks meeting their investment criteria.
If you’re unhappy with the service within the first month, you can receive a full refund.
E*Trade
- Available: Sign up here
- Price: $0 trades
E-Trade is another app that will educate you about the stock market as well as let you trade stocks, ETFs, mutual funds, or options within the app. You have access to Bloomberg TV®, breaking news, and third-party research.
The analysis tools are designed to be simple to understand so you can determine the probabilities of an option trade within moments.
Browse interactive charts, streaming quotes, and view stock’s earnings, dividends, and more. It’s no wonder Stockbrokers.com named E*Trade “Best in Class.”
Scanz (formerly EquityFeed Workstation)
- Available: Sign up for 7-day free trial
- Price: News: $79/mo, Scanner $99/mo, Bundle: $149/mo
The most acclaimed feature of Scanz (formerly EquityFeed Workstation) is the “FilterBuilder.” With this tool, you can filter and pick stocks based on your desired criteria, including value, growth, momentum or even penny stocks.
Scanz offers search tools and market data. The “pattern recognition” tool sends alerts when stocks are making new highs or lows, breaking volume averages, and more. Unfortunately, this trading stock software doesn’t offer backtesting or automated trading.
Scanz is a powerful stock trading software platform and is one of the best options on this list. Consider starting a free trial to see how effective the service can be for capturing alpha in your portfolio.
Conclusion
There are a lot of tools online that you can use to find winning stocks. Sometimes it’s not clear how good these tools are or if you can trust them. This article details three essential stock research tools, one website and two apps, which you should be using if you want to improve your stock market return.