All Charts Now Available

http://uk.advfn.com/
Live charts are very useful when investing in companies - if accurate, they help you to locate buy-in points, identify possible points of support or resistance, and can help you track a company/commodity/index prices movement on an intra-day basis. All of the London Stock Exchange company price charts have now been added to the site and they are now accessible through a variety of methods. Details regarding how to access these and the other charts are found within the rest of this post.

There are three types of chart available; Index Charts, Company Charts and Gold/Silver Charts. To access the Index Charts, simply click the 'Live Charts' tab at the top of any page on the site. Then scroll down and choose from any of the indexes shown. The indexes are the major ones across the globe and a variety of timescales are shown. Those timescales are 1-day, 1-year, 3-year and 5-year.

To access the company charts you need to use the following box that can be found on any web page on the site, or alternatively use the 'Live Charts' box.
You need to enter the company's EPIC code (also known at the TIDM code). This is a two, three or four letter combination that is unique to a company. Here are some examples:
- Rolls Royce = RR
- Marks & Spencers = MKS
- Lloyds Banking Group = LLOY
Typing in either lowercase or uppercase will then bring up the relevant chart page. The EPIC/TIDM is widely accessible on the Internet, and the likelihood is that you have come across it before. Alternatively, a new feature is the blue 'Random' button. Put simply, clicking the 'Random' button will bring up the charts for a random company. This feature is useful if you want to practice your charting skills on a random company, or are looking for randomly generated investment starting points.

Upon clicking the enter button either on-screen or on your keyboard, you will be taken to the company's chart page. As an example, if you were to type CFC (which is the code for China Food Company), you would be presented with the following at the top of the page.


The above picture does not represent the entirety of the page, 2-year and 5-year charts are also shown in addition to the 1-day and 3-month charts above. There are several points to note. Obviously, in the blue text at the top is the company name, and slightly above that (in black) is the company's EPIC/TIDM. The sector is also shown, in this case the company is listed under the 'Food Producers' sector.

The blue line on the charts represents the price movement over the day. A very important point to note is that ADVFN's charts are far better than those on Google for example. That is because the ADVFN charts plot mid-point data, whereas Google finance plots trade data. The inherent problem with Google Finance and any other trade price charts is that, for company's with large spreads, the charts will be highly inaccurate. If a trade goes through at 10% over the mid-price, that does not mean that the mid-price has moved up accordingly. That is why I find ADVFN far more useful - it shows you what is actually happening to the share price. Furthermore, volumes are shown in a simplistic view.

The horizontal red line on all of the charts represents yesterday's close price. Beneath the chart the volumes are also shown (these are also live although delayed trades do show up). The size of the trade is shown in shares on the right hand side. A blue vertical line indicates that the trade went through higher than the mid-price whereas a red vertical line indicates it went through below the mid-price. A green vertical line means that there is not much difference between the trade price and the mid-price so it cannot be determined whether it was a buy or a sell on the system. On the longer-term charts the daily accumulated volumes are shown. Looking back at the example, a suggested buy trade went through at around 10:40 and then again around 11:25 before there were to larger suggested 'sells' after 16:00. Do note though that the colours are not always indicative of whether the trade really was a buy or a sell.

Clicking any of the charts on a company page brings up the dedicated ADVFN page with the following data, plus bulletin board posts (not shown).


The ADVFN shows other useful data such as the company's market cap, daily volume, open, low and high prices. A 15-minute delayed share price is also shown (a live share price can be seen if you sign-up, but on a timeout mechanism) along with the predicted spread. A quick fundamental view is also present with turnover, profit, EPS and the PE ratio all displayed.

These company charts are very good for a quick glance and the fact that the charts are live enhances their usefulness. To update the charts, a quick refresh is required.


To access the gold and silver price charts, there
are two options. The first is to use the sidebar box (for equities) as alluded to above. Typing in 'gold' or 'silver' will bring up the page. On both of these pages there are two charts. These are shown on the right. The first chart automatically updates for the set time period, and automatically draws in the short-term trend lines. There are a series of setting at the bottom of the chart that you can experiment with - these mostly relate to the functionalities such as the specified time period. That chart is in a candlestick format and is the best live representation I have been able to locate.

The second chart shows the price of gold over a 3-day period. This requires you to refresh the page for it to update. Each of the 3-days movements are overlaid meaning that it is easy to see how the price has fluctuated. The chart is a line chart. (These charts are not from ADVFN.com)


I hope that these charts will prove to be very useful tools. I highly recommend signing up to ADVFN to access the range of their features that are available to those who have a free website subscription. You can do that via this link: http://uk.advfn.com/p.php?pid=register. If you have any queries of suggestions regarding the charts, feel free to contact me via the site contact page. I will update the company chart database when any new company IPOs, any one de-lists or a name change takes place. Good luck with your investments.