Is Barchart The Best Stock Research Website?

Jeremy BiberdorfBy: Jeremy Biberdorf

October 18, 2023October 18, 2023

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In today’s vast world of stock research, having a reliable platform to delve into financial data and market trends is essential. Given the overwhelming number of stocks, with the New York Stock Exchange listing over 2,400 company stocks and an additional 3,300 on NASDAQ, sifting through such a massive amount of data can be challenging. While seeking professional advice is often recommended, having a great stock research website can also be invaluable.

Barchart positions itself as a go-to platform for individual investors. It boasts a range of technical charts, customizable screeners, timely market updates, and a rich archive of historical data. While this might seem like an all-encompassing solution, the sheer volume of data doesn’t guarantee the platform’s overall quality. So, the question is: Is Barchart the best stock research website? Dive into our Barchart review to find out.
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What is Barchart?

Established in 1995, Barchart has emerged as a comprehensive platform for online market research. Recognized for its accuracy and reliability, it offers a range of investor tools, encompassing stock and options screeners.

For those deeply engaged in market analysis, Barchart provides extensive technical data. Additionally, its platform facilitates portfolio tracking via watchlists and delivers up to the minute market news.

Premium subscribers have the advantage of accessing data archives dating back to 1980. Broadening its scope beyond stocks, Barchart also caters to those interested in options, futures, forex, and cryptocurrencies. While it’s designed for a swift market overview, newcomers might need a brief orientation to navigate its rich offerings effectively.

What Makes A Good Stock Research Website?

Securing top-notch research is crucial for a successful stock strategy. When scouting for a stock research platform, trust stands paramount. Without confidence in the information, its integration into trading strategies becomes pointless.

It’s essential to rely on credible sources that offer insights, present news, showcase data, and possibly suggest investment avenues. Elite stock research platforms should combine key elements such as tools for stock evaluation, filters for stocks and funds, up-to-the-minute data, and even investment guidance.

Barchart Features

Before we can decide if Barchart is the best stock research website, we first must discuss exactly what Barchart is. Let’s look at some of the main features:

  • Market Overviews: Barchart presents comprehensive market data for assets like stocks, ETFs, options, futures, forex, and cryptocurrencies. Each category gets its dedicated tab on the website. Traders can gain insights from these overviews, including top performers, current news, and expert recommendations. Notably, the stocks section offers a comparison of sector performances versus global indices and information on stocks’ highs, lows, and imminent earnings reports.
  • Stock Data: Unlike typical fundamental data, Barchart emphasizes price histories, technical indicators, insider trades, and earnings forecasts. This data caters particularly to swing traders. Notably, Barchart offers downloadable historical data stretching back to the year 2000, beneficial for backtesting strategies.
  • Trading Signals and Recommendations: A distinctive feature, Barchart Opinion, uses 13 varying technical indicators to spotlight stocks and ETFs either leaning towards buying or selling. The platform provides daily trading signal ratings, making it straightforward to spot stocks with high confidence ratings.
  • Stock, Options, and ETF Screeners: Barchart provides distinct screeners for stocks, options, and ETFs. The stock screener, while not as exhaustive as some competitors, offers a balanced mix of financial data and technical analysis tools. Creating custom screeners might require some time due to the menu’s design, but the versatility is appreciable.
  • Charts: Barchart’s name might suggest a specific type, but users can choose from a range, including candlestick, OHLC bars, area, and line charts. Charts are customizable with different time frames and technical indicators. Users can also access flipcharts and interactive charts for more detailed insights.
  • Technical Indicators: A variety of charting indicators is available, from different types of moving averages to channels like Bollinger Band and Donchian. Momentum indicators, including RSI and MACD, are part of the suite. The platform is designed to be intuitive for seasoned traders while also being accessible for newcomers.
  • Unique Technical Analysis Tools: The platform introduces tools like the Traders Cheat Sheet and the Barchart Opinion tool, combining 13 strategy indicators to provide data-driven buy/sell suggestions. It simplifies research but also underscores the importance of understanding underlying mechanics.
  • News: Barchart aggregates news from sources like Associated Press, Reuters, and Yahoo, but also produces proprietary content. Their daily Chart of the Day is an insightful addition for traders. The news offering is comprehensive, akin to platforms like Motley Fool.
  • Screener: Barchart boasts a robust screener, catering to stocks, options, commodities, ETFs, and mutual funds. While there’s a limit for saved screens with the free membership, the Premier Plan allows unlimited saved screens.

Is Barchart The Best Stock Research Website?

When it comes to selecting the top stock research website, personal preferences play a pivotal role. Barchart has built a reputation as a reliable tool that many seasoned traders rely on. Catering to both the long-term investor and the active trader, Barchart goes beyond just providing basic charts. It’s a one-stop-shop, offering historical data, tailored watchlists, and specialized charts, along with screeners and timely news.

Whether you’re in search of day-to-day stock charts, insightful recommendations, or in-depth fundamental data, Barchart presents itself as a comprehensive and cost-effective option in the stock research landscape. Barchart must be considered among the best stock research websites.
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Jeremy Biberdorf
Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He's a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.

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