Ask any regular trader what is the most important factor for obtaining success in the stock market and they will tell you “Data Analysis”. Millions of data get available to us every trading day. Skimming the right kind of data among them and analysing them for obtaining the right kind of input is crucial for having a long-lasting stint in the stock market.
Importance of stock market data analysis
Stock market data analysis enables us to identify the intrinsic value of a security. This helps us identify potential securities for investment and also those that need to be removed from our portfolio. Data is analyzed every day by market analysts and experts who provide us with stock tips and other useful information.
A study of the historical data can also prove to be useful for predicting future market trends. The two basic branches of analysis – fundamental and technical analysis are based on the stock graph analysis.
But, the task of analysing millions of data everyday sounds daunting, isn’t it?
Don’t worry. Thanks to stock market data analysis apps available in the market today, extracting and analysing data is as easy as ABCD.
Using a stock trading analysis app
The launch of stock trading analysis apps has changed the game for us. Now millions of data can be scrutinized and analysed within a few seconds.
Today, innumerable such apps are available in the market providing not only analysis of data for stocks, but for futures and options, mutual funds and other instruments too.
According to us, one of the best stock trading analysis apps is StockEdge. Let us take a look at its features.
StockEdge – the leading stock graph analysis app of India
Covering the universes of equities and mutual funds, StockEdge provides a world of information to us, which can be used for trading. It provides 360-degree services for stock analysis including F&O data analysis, stock market data analysis using Python, mutual fund analysis, news updates, announcements, charts, technical and fundamental scans and much more.
You can create your own portfolio of stocks and mutual funds and track it on the app. You can create a watchlist as well.
Here are some of the features of the app that you might find interesting:
Explore the markets
This stock trading analysis app provides you with important information related to the markets. You can get to know the latest news, updates and announcements related to the financial markets. You can learn about the latest FII/DII activities and deals happening in the market. Also stay up to date with the latest information related to indices, stocks and various stock market sectors.
Latest analytics
The app performs more than 300 scans per day to provide you with innumerable charts and figures that you can use for your day to day trading. Stock market data analysis using python is available according to investment themes. Apart from this F&O data analysis is also available.
Information on business houses
Often the major business houses take decisionsthat not only affect the prices of the individual shares but also the markets. Stock Edge provides you with the latest information from these business houses so that you can remain prepared about the market reaction.
Pre-tested trading strategies
Not all of us are experts in trading. But we all want to take the benefit of it. The StockEdge app provides us with pre-tested trading strategies which anybody can use. This is especially beneficial for beginner traders who want to get a hand in the market.
Create your own strategy
For traders who have been trading in the market for quite sometime and have their personal trading style, using someone else’s strategy may not sound attractive. Not to worry! StockEdge provides an option to create your own strategy inside the app and save it for future use.
Reports
Apart from all the things mentioned above, the StockEdge app also provides us with various useful reports that we can use. It provides analysis of concalls related to the stock market, case studies from which we can learn and notes on the latest IPOs which can help us understand whether we want to invest somewhere or not.
Advanced charting tools
Experienced traders in the market can make use of the advanced charting tools available in this app to help them in their trading. Stock market indicators can be plotted on these charts to arrive at investment decisions.
Mutual fund data
Most stock market investors have some kind of exposure in the world of mutual funds as well. StockEdge is not only a stock graph analysis app, but it also provides us with useful information regarding mutual funds. Thus, it performs as a one-stop-shop for all our financial market needs by combining stocks, futures and options and mutual funds within one single app.
Learning and education
It is a known fact that learning is an important aspect of trading in the financial market. Knowing about the basic concepts and revising them as well as keep learning about new advancements is important to make maximum use of the opportunities available in the markets. StockEdge has an educational subsidiary – elearnmarkets.com – which is a treasure trove of learning materials. From basics of finance to advanced concepts, technical analysis etc, this website is a great way to improve upon our knowledge.
Performance on Google Play Store
StockEdge has a 4.4 rating on the Google PlayStore App and has been downloaded 1,000,000+ times. The app team provides excellent support whenever users face any issue.
If you have been looking for an all-in-one financial market app, this is definitely the one. If you have been using some other app, it is worthwhile to take a look at StockEdge. With multiple features, StockEdge is a complete app for all our trading and investing needs.
Apart from this, if you are interested to know more about Electronic Component Logistics for B2B Markets then visit our Business category.
