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other-tools:marketcarpets [2019/07/16 20:35] betseyp |
other-tools:marketcarpets [2024/02/12 17:12] jayanthi |
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| ====== MarketCarpets ====== | ====== MarketCarpets ====== | ||
| - | [[https://stockcharts.com/freecharts/carpet.html|Our MarketCarpet page]] lets you see "at-a-glance" what an entire market is doing. Individual stocks are represented as squares that are colored on a green to red spectrum. With the standard color scheme, the green stocks are performing relatively well and the red stocks are performing relatively poorly. In this way, MarketCarpets can show a lot of information in a small area. | + | [[https://stockcharts.com/marketcarpet/?group=SEC|Our MarketCarpet page]] lets you see "at-a-glance" what an entire market is doing. At a glance, the MarketCarpet will show you which stocks are making the largest upside and downside moves. |
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| + | Individual stocks, exchange-traded funds (ETFs), mutual funds, and cryptocurrencies are represented as squares that are, by default, colored on a green-to-red spectrum. | ||
| A sidebar on the right side of the page displays the best and worst performers from your chosen group and allows you to view the performance of a stock (or sector) on a line chart. | A sidebar on the right side of the page displays the best and worst performers from your chosen group and allows you to view the performance of a stock (or sector) on a line chart. | ||
| - | MarketCarpets are great for visually scanning and ranking a large collection of stocks at once, as well as for quickly finding the best and worst performers for a given time period. They are designed to be graphically efficient and are especially useful for sector analysis. Like securities, market sectors also trend; consequently, MarketCarpets are a fantastic tool for identifying the strength of a sector, as analysts can use them to determine the strong securities within the sector. | + | MarketCarpets are great for visually scanning and ranking a large collection of stocks at once and for quickly finding the best and worst performers for a given period. They are designed to be graphically efficient and are especially useful for sector analysis. Like securities, market sectors also trend; consequently, MarketCarpets are a fantastic tool for identifying the strength of a sector, as analysts can use them to determine the strong securities within the sector. |
| Check out our MarketCarpets overview video below, or just read on to learn how to get the most out of MarketCarpets. | Check out our MarketCarpets overview video below, or just read on to learn how to get the most out of MarketCarpets. | ||
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| There are several important sections of the MarketCarpet page: | There are several important sections of the MarketCarpet page: | ||
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| + | {{:other-tools:marketcarpet.png|StockCharts MarketCarpet}} | ||
| {{:other-tools:carpetlabels.png|MarketCarpet with Labels}} | {{:other-tools:carpetlabels.png|MarketCarpet with Labels}} | ||
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| * **Full Stochastics** - Another popular momentum indicator | * **Full Stochastics** - Another popular momentum indicator | ||
| - | More information about these indicators can be found in [[cs>technical_indicators|our ChartSchool Indicators area]]. | + | More information about these indicators can be found in [[https://school.stockcharts.com/doku.php?id=technical_indicators|our ChartSchool Indicators area]]. |
| For some of the indicators, a Delta button will appear next to the indicator dropdown, allowing you to toggle between Change Mode and Absolute Mode. When the button is white, the indicator data is in Absolute Mode, and the carpet is calculated based on the actual values for the indicator (e.g. the RSI value). When the button is gray, the indicator data is in Change Mode, and the carpet is calculated based on the amount of change in the indicator values over the selected date range (e.g. the change in RSI value over the selected 2-day period). | For some of the indicators, a Delta button will appear next to the indicator dropdown, allowing you to toggle between Change Mode and Absolute Mode. When the button is white, the indicator data is in Absolute Mode, and the carpet is calculated based on the actual values for the indicator (e.g. the RSI value). When the button is gray, the indicator data is in Change Mode, and the carpet is calculated based on the amount of change in the indicator values over the selected date range (e.g. the change in RSI value over the selected 2-day period). | ||
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| ==== Other Carpet Options ==== | ==== Other Carpet Options ==== | ||