Getting Started with Zignals Free Stock Charts

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Getting Started With Zignals Charts

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock quote watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com.

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Latest Zignals Stock Charts

The number of Stock Charts available in the Stock Chart Gallery for this week is 55. Some of the more interesting movers include:

Bank of America (BAC): The 10-week consolidation between $14.12 and $16.40 broke to the upside on January 7th. January 12th saw the start of the backtest of new support at $16.40 which held the next day. There was an additional gain for Thursday leaving the reaction low at $16.15 a good place for a stop loss. Manish4uin published his BAC chart on Monday, just after the breakout and in time for the backtest.


Skwa's Research in Motion (RIMM) chart is interesting because it shows a convergence of 20-, 40- and 150-day SMAs and 150-day EMA with price trading inside the range bounce MAs. There is also a coiling pattern forming after the sizable gap down in September. If the pattern breaks down then a measured move to $40 (March lows) is not outside the realm of possibility.

In my own RIMM notes there is a chance the coil has already broken to the upside which could see a retest of September highs at $88; to be confident of this, stiff resistance at $71.60 would have to be dispatched with aplomb.


Nidhi posted a number of charts, one of which grabbed the eye was Power Grid India (PGRID). While the break of the triangle consolidation has long since past, the angle of the uptrend, respectable buying volume and room to move to resistance, suggest there is a little more in the tank.


Another Nidhi find is NTPC DS. While it is still some way off its 2008 peak high of 291Rp, the stock has emerged from a lengthy base and appears to be firming support in the 225-230Rp range. One to watch.


Finally, George305 has picked out Yell Group (YELL). From his chart, stochastics are oversold and price is toying around 36.50p support. The trend has been sharply down from September 2008, but since the November spike low buying interest has emerged in the 35.50-36.50p range; one for UK traders to watch.


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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies for global markets under the user id: ‘Fallond’, ‘ETFTrader’ and ‘Z_Strategy’ available through the latest rich internet application for finance, the Zignals Dashboard; many are ranked in the top-20 for 3-month and YTD performance.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too. Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on Investimonials.com; ranked top-20 software product out of 285 listed. Join today - it's free!

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Latest Zignals Stock Charts (Dec 18th 2009)

With one week to go until Christmas our members had another busy week. The following stock charts are available in our stock chart gallery.


Suzlon Energy DS (SUZL), WIPRO DS (WPRO), MGP Ingredients (MGPI), Consumer Staples SPDR (XLP), SPY, Ultra Real Estate (URE), Novagold Resources (NG), EURUSD, Barratt Developments PLC (BDEV), Walmert (WMT):


Microsoft (MSFT):


Silver Spot


Proshares Trust Ultra DJ AIG Crude Oil (UCO), Globo PLC (GBO), Nexmed (NEXM), Tata Motors (TATA):


Fannie Mae (FNM), Reliance Industries Ltd (RIGD), OfficeMaz (OMX), Life Time Fitness (LTM), Flir Systems (FLIR), TNS Inc (TNS), BT Group (BT.A), Rolls-Royce Group (RR), Google (GOOG), GBPUSD:


Lululemon Athletica (LULU), Joy Global (JOYG):


Taleo Corporation (TLEO), Netflix (NFLX):


Nu Skin Enter (NUS), Loews Corp (L) and HDFC Bank (HDBK)

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Dr. Declan Fallon, Senior Market Technician, Zignals.com. November 2009 has seen a significant upgrade to the site on the course to becoming the eBay of finance with our new Beta MarketPlace and a new rich internet application for finance, the Zignals Dashboard. Zignals now has new fundamental stock alerts, stock charts for Indian, Australian, Frankfurt and soon Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active fundamental system stock screener and trading system builder. New Forex and Index data.

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Latest Zignals Stock Charts for the Week

Some stock charts and FX charts posted by our community in our chart gallery.


Our members have been charting the following stocks, forex and commodities: USEC (USU), EURUSD, Netscount Systems (NTCT), NRG Energy Inc (NRG), USDJPY, Citigroup (C), Life Time Fitness (LTM), EURGBP, GBPUSD, Cell Therapeutics (CTIC), GBPEUR, Microsoft (MSFT), Tata Communications (TCL), Diamonds Trust (DIA), Short Financials Proshare (SEF), Starbucks (SBUX), JP Morgan Chase (JPM), Smurfit Kappa Group (SK3), Aviva (AV.), BT Group (BT.A), IShares FTSE 100 (ISF), IShares FTSE 250 (MIDD), Proshares Trust (TBT), Shrt S&P500 Proshares (SH), Synaptics (SYNA), Walt Disney (DIS), ProShares Short QQQ (PSQ), ProShares ShortDow30 (DOG), and McDermott International (MDR).

Create your own stock profiles of indicators, price overlays and timescales, and apply them to the aforementioned charts.

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Dr. Declan Fallon, Senior Market Technician, Zignals.com. November 2009 has seen a significant upgrade to the site on the course to becoming the eBay of finance with our new Beta MarketPlace and a new rich internet application for finance, the Zignals Dashboard. Zignals now has new fundamental stock alerts, stock charts for Indian, Australian, Frankfurt and soon Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active fundamental system stock screener and trading system builder. New Forex and Index data.

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Zignals Stock Charts: British Airways

Airlines continue to struggle as cheaper oil prices aren't offsetting the losses from lower consumer travelling. From the FT.

British Airways reported a loss for its third quarter and in the first nine months, and warned the deficit would deepen for the full year.

Business travelling hardest hit

The plunge in demand for travel from premium business travellers, one of the most important sources of profits at BA, had worsened in the current fourth quarter with premium passenger traffic dropping by 13.7 per cent in January, it said.

Although the back-of-the-bus has held up well

Overall in January, BA said it had cut passenger capacity by 2.6 per cent from a year ago while passenger traffic had fallen by 1.3 per cent, including the 13.7 per cent decrease in premium traffic and a 1.4 per cent rise in non-premium traffic.

With cargo traffic down sharply there is no evidence of an economic recovery any time soon

Cargo traffic fell by 16.7 per cent year-on-year in January reflecting the rapid weakening of world trade.

Big jump in debt

Cash holdings fell by £278m to £1.6bn between March and the end of December last year, while net debt increased by £900m to £2.2bn with £600m of the increase due to currency factors.

Similarly, Aer Lingus also experienced drops in short and long haul traffic

Passenger numbers on short-haul flights were 6.1 per cent lower while those travelling to long-haul destinations fell 8.6 per cent over the period.

And Qantas took a sharp hit as they diluted their stockholders with 270.3 million shares coming to market

But what does all of this mean for Briitish Airways shareholders?

Historically, things got ahead of themselves in September 2006 when it broke through the top of a steadily rising channel. This created an unsustainable run to its eventual high in February 2007; a high which occurred 5 months before the top in oil prices. Since then it has been all downhill, but so far there hasn't been the capitulation which would firmly mark a bottom; even the September-October meltdown remained contained by its falling channel.


Given the strong bearish conditions, are there any opportunities on the long side?

The 'bad news' from the company was unable to drive the price below October lows of £1.054. Instead it continued into a fourth day of rising prices; prices which originated from a low of £1.113 and appear to be part of a support band from £1.05 to £1.19

Other than resistance at £1.84 the real challenge looks to be in a band of resistance from £1.97 to £2.14; with long term buyers unlikely to get keen until it gets past £2.84.


All of this is a long way from its heyday peak at £5.79, but beggars can't be choosers. I have entered a YourCall for a push to £1.79 with a stop at £1.04; it's a poor risk:reward - real buyers would be better served by a push back into the support zone c£1.19.


Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website
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Brett Steenbarger: Making the Trend your Friend

Brett Steenbarger had sourced this system from Delbert Dunmore, but it got my attention via Afraid to Trade. The premise:

The key to Del's system is constructing a price channel consisting of a 10-day moving average of daily high prices and an 8-day moving average of daily low prices. When the current day's closing price closes above this channel, buy at close. When the current day's closing price closes below the channel, sell short at close. The trades are closed when SPY closes within its price channel.

This system can be followed with Zignals Stock Charts.

With Zignals Stock Charts you can set moving averages using the open, close, high or low of the day. So for the above example we can set a 10-day MA for the highs and an 8-day MA for the lows. For MSFT the chart looked like this:


The whipsaw contributed to the three to one ratio of losses as reported by Brett

...for another trading system that is so bad that it's promising

Except when it kills ;)

Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts, and stock charts website
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