Reading stock charts for dummies
In addition to the earlier guide on how to read stock charts for beginners here is my guide on reading stock charts for dummies.
As a stock market for beginners guide on investing it is my endeavor here to present you all the relevant information so that you can invest safely in the stocks with all the necessary research done by yourself and not done by buying expensive the stock market research reports unless of course you are a professional mutual fund manager. Well then if you are one of those then I am sure that you will not be reading my blog!
Ok back to my dummies guide and here are some of the basic things that you should know and primary among them is my guide on the stock market for dummiesBefore you even ask the question about how to buy stocks online you should be able to understand various stock market charts as well as financial information given in all the financial dailies. If you pick up any stock market daily like Wall street Journal or the Investors business daily you will see that there are stocks that are listed in the alphabetical order and the you will have a couple of things like the
52 week high – which tell about the highest price at which the stock was sold in the past 52 weeks?
The symbol of the company is as defined by the NYSE or NASDAQ.
Yield – This will tell which company gives out dividend and how much
Volume – This is trading volume for the previous day. Of course because you will be reading the financial daily the next day.
P/E ratio – This is the price to earnings ratio and the details are here for the understanding the p/e ratio and eps are here.
Close price – This tells you about the stock price at the end of the trading session. But that said there are other trading which happens and that trading will happen at the pre market trading session.
Net price change – this is the percentage up or the down the stock was as compared to the previous day.
If you need to know more about the quantitative analysis of the stocks then you need to read about MACD technical analysis and candlestick analysis
Related posts:
- Bollinger bands explained and the Bollinger bands charts
- Stock investing for dummies – How to invest in IPOs
- Stock Analysis Checklist
- Stock market for dummies
- How to Read Stock Market Charts as a Stock Market Beginner
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