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Google Finance is a powerful tool that can be used for trading analysis. This tool offers a variety of features that can help traders make informed decisions. In this guide, we will provide a comprehensive overview of how to use Google Finance for trading analysis.
The first step in using Google Finance for trading analysis is to create a watchlist. This feature allows you to keep track of stocks that you are interested in and monitor their performance over time. To create a watchlist, simply click the "Create a Watchlist" button on the homepage of Google Finance. You can add stocks by searching for them using their ticker symbols.
Once you have created your watchlist, you can view the stock charts for each stock. Stock charts are a key tool in the trading analysis as they allow you to see how a stock has performed over time. To view a stock chart, click on your watchlist's stock ticker symbol. You can adjust the period of the chart to view daily, weekly, monthly, or yearly performance.
Google Finance also provides a variety of technical indicators that can be used for trading analysis. These indicators include moving averages, relative strength index (RSI), and Bollinger Bands. To add a technical indicator, simply click on the "Technical" button on the stock chart page and select the indicator that you want to use.
In addition to technical indicators, Google Finance also provides news and events that can impact the performance of a stock. To view news and events related to a specific stock, click the "News" button on the stock chart page. This feature lets you stay informed about any news or events that could impact your trades.
Finally, Google Finance can be integrated with Google Sheets for advanced trading analysis. This feature allows you to create custom charts and analyse data in more detailedly. To use this feature, click the "Export" button on the stock chart page and select "Export to Google Sheets"
Google Finance is a powerful tool that can be used for trading analysis. By following these steps, traders can create a watchlist, view stock charts, use technical indicators, analyse news and events, and use Google Sheets for advanced analysis. With these features, traders can make more informed decisions about their trades and potentially increase their profits.
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