This service by INO offers a free trend analysis of any stock you desire to help you with your technical analysis. All Canadian and American stocks are eligible – all you have to do is enter the stock symbol or name, your first name (Homer?) and an email – that’s it! No cost or obligation.
I thought it would be fun to try it out on one of my latest purchases (BCE) and see what it says. According to the email I got – there is a strong downtrend in place (no kidding) and the last price is below the 20 day moving average.
Given that the BCE deal just fell through – this probably wasn’t the best stock to do submit for analysis, but it was fun to see what the service would provide.
You can sign up to receive stock trend analysis on as many stocks as you like. A stock trend analysis email will arrive in your inbox after every trading day.
Also – check out my write up on free stock trading videos.