Fintech News | Fintech Zoom

New Robinhood Web charts

Indicators and charts of stocks and cryptocurrency candlesticks. We are introducing improvements to our Robinhood Web charts over the next few weeks to help you understand and analyze market trends and movements better. You will be able to view stock and cryptocurrency candlestick charts and add stock and crypto charts indicators.

Candlestick Charts

Candlestick charts can help investors understand better how prices are moving. While a line chart shows you only the close price, each candlestick shows you four pieces of information over a certain period of time: the open, high, low, and close price. To switch between the “Line Chart” and the “Candlestick Chart,” go to any stock or crypto page and click the button near the top right corner of the page.

 

Indicators

Indicators can help you understand and offer more ways to visualize what’s happening in the marketplace and are the basis for different technical trading strategies. You can now add these five indicators to any Robinhood Web stock and crypto charts:

  • Volume
  • Simple Moving Average (SMA)
  • Exponential Moving Average (EMA)
  • Relative Strength Index (RSI), including Wilder’s Relative Strength Index (Wilder’s RSI)
  • Moving Average Convergence Divergence (MACD)

Go to any stock or cryptographic chart to view an indicator and click the button on the chart’s bottom right corner. The chart will appear in new tab, and in the top right corner of the page you will see an option to add indicators. Learn more about our help center’s indicators.

We always seek to make Robinhood even more powerful, and your feedback helps us prioritize the features we first build. These tools have been among the most frequently requested — we are excited to try them out for you!

Jung Min-seo

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