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Using chart comparisons As far as I know, the best time to use stock comparison tools is when there is a conflict between investing in two stocks. Putting their price behavior and trends together can solve this problem. Just remember to compare using percentages rather than prices. Or, for example, this is a simple way to visualize the health of the market as a whole. This can be achieved by calling up the S&P 500 ETF (tracking the S&P 500) and adding DIA (tracking the Dow Jones Index) and QQQ (tracking Nasdaq) symbols. The result is a single chart with easy-to-read, pertinent information about the entire market. Chart designers can also use relative prices to compare the performance of a stock to its industry or industry group. This makes it possible to determine whether a stock is ahead or behind its peers. Price comparison indicators can also be used to find stocks that perform well when the general market falls, or stocks that perform poorly when the general market rises.
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Jayishere : nice sharing