In the trading industry, having a reliable research platform can make a world of difference. Enter Chaikin Analytics, a comprehensive stock and ETF research platform developed by renowned expert Marc Chaikin.
This platform boasts a range of features, including the highly regarded Chaikin Power Gauge. This unique tool assigns scores to stocks based on 20 technical and analytic factors, providing valuable insights into their potential. Additionally, Chaikin Analytics offers stock and ETF screeners, as well as the options strategy tool, OptionsPlay. To determine if this platform suits your needs, delve into our comprehensive review of Chaikin Analytics.
Chaikin Analytics is a robust stock and ETF research platform crafted by the brilliant mind of Marc Chaikin, the mastermind behind the widely used Chaikin Money Flow indicator. Designed to simplify stock research, Chaikin Analytics assigns grades ranging from Very Bullish to Very Bearish to over 4,000 stocks and 1,700 ETFs. These grades are determined by analyzing more than 20 technical and fundamental factors. What sets this platform apart is its ability to provide concise and clear explanations for how each stock's final grade is determined. While the overall workspace of Chaikin Analytics may lack flexibility, its automated stock ratings are undeniably powerful.
With a plethora of research platforms available, such as Tipranks and Barchart.com, it can be challenging to decide whether Chaikin Analytics is the right fit for you. To help you make an informed decision, we have compiled all the essential information in this comprehensive review of Chaikin Analytics. Dive in to discover more about this impressive stock and ETF research platform.
At the core of Chaikin Analytics lies the platform's Power Gauge and stock ratings. The Power Gauge evaluates stocks based on 20 technical and analytic factors, which are categorized as "Financial," "Technical," "Earnings," and "Expert." Technical factors include performance relative to the broader market and the Chaikin Money Flow indicator, while financial factors encompass metrics like debt-to-equity and price-to-book ratios, as well as free cash flow. Expert factors consider insider trading, analysts' price targets, and short interest.
These 20-factor scores are then combined to assign a rating ranging from Very Bullish to Very Bearish to each stock or ETF covered by Chaikin Analytics. This rating system is remarkably user-friendly, providing a quick overview of a stock's potential or identifying potentially bullish options for exploration. It's worth noting that these ratings typically apply over a 3-6 month timeframe, making the software ideal for medium-term active investors.
Is Chaikin Analytics accurate?
The Chaikin Analytics workspace serves as a dashboard, allowing users to harness the power of the Power Gauge. Within this workspace, you can create customized watchlists, search for individual stocks and ETFs, and view stocks by industry or index. While the workspace offers basic technical charts, it should be noted that Chaikin Analytics is not a comprehensive charting platform. The charts are limited to daily bars and a fixed set of indicators, including Chaikin Money Flow and RSI, with no customization options available.
One notable feature within the workspace is the Chaikin HotLists. These watchlists are based on screeners that highlight stocks triggering overbought or oversold signals, as well as those rated as Very Bullish or Very Bearish. Additionally, the HotLists identify ETFs that outperform the rest of the market. This feature provides a convenient way to generate trade ideas efficiently.
Chaikin Analytics also offers a basic yet practical stock and ETF screener. One of the standout features of this screener is its ability to filter by index, industry sector, or stock type based on growth vs. value and market cap. The screener also allows users to filter using up to three of the factors that contribute to the Power Gauge rating, along with basic trading signals based on RSI and Chaikin Money Flow.