About Chartscan

Finding tomorrows winners among several thousands of stocks is a daunting task, especially for traders that combine chart pattern with fundamental analysis.

Chartscan is a tool that makes this task a lot easier to filter stocks with good fundamentals and then to enable quick scanning of the resulting stocks chart pattern.

Institutions move stocks based on strong fundamentals and chart pattern setup. With our stock scanner, you can filter out weak companies, only browse strong stock charts and spot winning stocks before they move up.

We are helping swing and day traders who are active in the markets and believe that a combination of fundamental company performance statistics paired with strong chart pattern that have a solid base are the best recipe for success.

Get started by reading our quick intro with essential steps on how to trade stocks, two steps on how to pick stocks and if you're new to chart patterns, Chartpattern Explained gets you up to speed to become an expert breakout trader.

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News

China official blames Fed for global market rout, not yuan

A tour bus passes the United States Federal Reserve Board building in WashingtonBy Kevin Yao BEIJING (Reuters) - The global stock market rout of the past week was sparked by concerns Thu 1:22pm   By Kevin Yao BEIJING (Reuters) - The global stock market rout of the past week was sparked by concerns over a possible interest rate rise by the U.S. Federal Reserve and not by the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday. Yao Yudong, head of the bank's Research Institute of Finance and Banking, said the U.S. central bank should delay any rate hike to give fragile emerging market economies time to prepare. "China's exchange rate reform had nothing to do with the global stock market volatility, it was mainly due to the upcoming U.S. Federal Reserve monetary policy move," Yao said.

Wall Street ends near highs after strong data

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkNEW YORK (Reuters) - Wall Street rallied in a volatile session on Thursday, fuelled by optimism aftThu 1:11pm   NEW YORK (Reuters) - Wall Street rallied in a volatile session on Thursday, fuelled by optimism after strong U.S. economic data and by hints that a September interest-rate hike was unlikely. The Dow Jones industrial average rose 369.26 points, or 2.27 percent, to 16,654.77, the S&P 500 gained 47.16 points, or 2.43 percent, to 1,987.67 and the Nasdaq Composite added 115.17 points, or 2.45 percent, to 4,812.71. (Reporting by Noel Randewich; Editing by Nick Zieminski)

Wall St. ends near highs after strong data

Trader looks at stock prices on a screen while working on the floor of the New York Stock Exchange shortly before the closing bell in New YorkNEW YORK (Reuters) - Wall Street rallied in a volatile session on Thursday, fueled by optimism afterThu 1:10pm   NEW YORK (Reuters) - Wall Street rallied in a volatile session on Thursday, fueled by optimism after strong U.S. economic data and by hints that a September interest-rate hike was unlikely.

A Q&A with Wall Street's top psychiatrist on market turmoil

Thu 1:07pm   NEW YORK (AP) — When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.

How the Stock Market’s Wild Swings Have Helped Homebuyers

Thu 12:59pm   The sharp selloff in global markets, caused by the economic uncertainty in China, caused investors running for safety to buy up U.S. government bonds, driving interest rates down. Mortgage giant Freddie Mac said Thursday that the average for 30-year fixed-rate loans fell to 3.84 percent, with an average 0.6 points, over the week ending August 27. Just how long they stay there will be determined in part by when the Federal Reserve decides to raise interest rates for the first time since 2006.

Tiffany earnings fall as high costs, strong dollar bite

A young girl dressed as Audrey Hepburn's character in the film "Breakfast at Tiffany's" walks past the Tiffany & Co. store in New YorkThe company, known for its pale blue boxes and iconic Tiffany Diamond, also forecast a surprise 2-5 percent Thu 10:55am   The company, known for its pale blue boxes and iconic Tiffany Diamond, also forecast a surprise 2-5 percent decline in earnings for the year ending January. Tiffany's shares fell as much as 4.2 percent.

FTSE Rallies After See-Saw On Global Markets

FTSE Rallies After See-Saw On Global MarketsThe FTSE has rallied and closed up 3.6% after a rollercoaster few days for the global markets sparked byThu 10:53am   The FTSE has rallied and closed up 3.6% after a rollercoaster few days for the global markets sparked by jitters over China. Earlier, mainland China's main stock market, The Shanghai Composite, closed more than 5% higher, above the critical 3,000 level, and its highest jump in eight weeks.

Interview - China official blames Fed for global market rout, ...

A customer holds a 100 Yuan note at a market in BeijingBy Kevin Yao BEIJING (Reuters) - Concerns over a possible U.S. rate rise by the Federal Reserve may have spThu 10:42am   By Kevin Yao BEIJING (Reuters) - Concerns over a possible U.S. rate rise by the Federal Reserve may have sparked a global stock market rout rather than the devaluation of China's yuan currency, a senior Chinese central bank official told Reuters on Thursday. Yao Yudong, head of the bank's Research Institute of Finance and Banking, said the U.S. central bank should delay any rate hike to give fragile emerging market economies time to prepare.

Global stocks climb as US growth offsets China fears

World markets are nervous about signs that China's economy, which accounts for some 13% of global output, is slowing more than previously thoughtEquities in Europe and on Wall Street climbed on revised US data showing stronger US growth in the secThu 9:37am   Equities in Europe and on Wall Street climbed on revised US data showing stronger US growth in the second quarter of 3.7 percent, compared with the previous estimate of 2.3 percent. The news gave comfort to investors rattled by slagging Chinese growth, and sent US indices at or near 1.7 percent higher in mid-day trade in New York, after snapping a six-day losing streak on Wednesday by closing about 4.0 percent ahead. Europe's main markets rebounded Thursday, erasing losses earlier in the week, with Frankfurt's DAX 30 index finishing up 3.18 percent and the CAC 40 in Paris gaining 3.49 percent.

FTSE rallies, U.S. data eases concerns over China

A man shelters under an umbrella as he walks past the London Stock ExchangeBy Alistair Smout and Kit Rees LONDON (Reuters) - The FTSE 100 rose on Thursday, recouping all of itThu 9:19am   By Alistair Smout and Kit Rees LONDON (Reuters) - The FTSE 100 rose on Thursday, recouping all of its losses from this week's bruising sell-off after strong U.S. data calmed global markets rocked by concerns over Chinese growth. Britain's FTSE 100 closed up 212.83 points, or 3.6 percent, at 6,192.03, shadowing gains made on Wall Street and in Chinese stocks. The U.S. gross domestic product growth number easily beat expectations, but some said a September U.S. rate hike still looked unlikely due to market volatility.

U.S. Q2 GDP growth revised sharply higher to 3.7 percent

People are seen walking through Roosevelt Field shopping mall in Garden City, New YorkBy Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in tThu 8:42am   By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce Department said on Thursday in its second GDP estimate for the April-June period. The GDP report, which was released in the wake of a global stock market sell-off, should assure investors and cautious Fed officials that the United States is in good shape to weather the growing strains in the world economy.

U.S. second-quarter GDP growth revised sharply higher to 3.7 percent ...

Men work on a construction site for a luxury apartment complex in downtown Los AngelesBy Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second Thu 8:40am   By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the second quarter on solid domestic demand, showing fairly strong momentum that could still allow the Federal Reserve to hike interest rates this year. Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month, the Commerce Department said on Thursday in its second GDP estimate for the April-June period. The GDP report, which was released in the wake of a global stock market sell-off, should assure investors and cautious Fed officials that the United States is in good shape to weather the growing strains in the world economy.

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