MarketSmith Launches New Pattern Recognition Feature

LOS ANGELES--(BUSINESS WIRE)--MarketSmith, the powerful, versatile online investment research tool, today announced the launch of its new premium feature, Pattern Recognition. The feature automatically highlights past and emerging stock chart patterns, such as Cup with Handle and Ascending Base, which can help investors pinpoint optimal points to buy and sell stocks. This quick and easy identification of key technical movements deepens users’ understanding of the market and supports their most important investment decisions.

“A core goal at MarketSmith is to put more information and power in the hands of individual investors, so they can take greater control of their investments”

“A core goal at MarketSmith is to put more information and power in the hands of individual investors, so they can take greater control of their investments,” said W. Scott O’Neil, president of MarketSmith. “Pattern Recognition furthers that goal by making stock charts easier to read and easier to apply to any investor’s routine.”

Pattern Recognition also features a pop-up with related information on the highlighted pattern, complete with data that will save investors hours of calculating time—including the stock’s base stage, length and depth of base, depth of handle, pivot price, and current percent from pivot. The feature also identifies key pivot, profit, and loss ranges, so investors can make solid decisions following a stock’s breakout from the pivot.

MarketSmith continues to enhance its unparalleled investment research tool with intuitive features that build seamlessly into a user interface developed closely with portfolio managers. Investors can trial MarketSmith and experiment with Pattern Recognition by visiting marketsmith.com or calling 800.452.4422.

About MarketSmith

MarketSmith Incorporated, a wholly owned subsidiary of William O’Neil + Co., is a powerful online stock research tool, developed by a team of investment professionals at William O'Neil + Co. It combines institutional-quality data with clear, concise charts to provide investment research in a streamlined, intuitive interface. As a decision-making tool, MarketSmith combines essential fundamental and technical stock information into a single view, so subscribers can efficiently identify winning stocks and exercise sell discipline. For more information or to subscribe, visit www.marketsmith.com or call 800.452.4422.