Stock Market Analysis Tools You Can Trust

Whether you are a beginner in the stock markets or an experienced trader, you will no doubt have an interest in stock market analysis. These days, there is a variety of tools and resources you can use for market research, and the quality between applications can sometimes vary. It's important to keep up with the latest technology and to only utilise information that you trust.

You can access numerous daily and monthly reports on the ASX website itself, and from there you can draw your own conclusions or spend time pawing through market reports from various financial organisations or experts. This process can be as quick or time consuming as you like, but at the least, it is a good idea to cross-reference any data with this authoritative source.

However, many new investors may find this a little confusing or frustrating. There are other ways to perform your own stock analysis, including a range of companies that are offering free stock market software downloads online. Hubb Financial offers one such program available for free download, and you can use this tool for technical analysis of the Australian stock market, to create charts or to set alerts on selected shares or share prices.

If you choose to utilise the new online broking services from some of our major banks, you may find investor tools and information included as part of your broking account. For example, CommSec's new combination cash and investing accounts come with online access to analyst research, company profiles, upcoming dividends, economic analysis, charting, news, announcements, Watchlists and more.

St George Direct Shares offers similar services, including a share centre toolbox. This allows you to gain recommendations on shares or and sample portfolios, easily access market data with pre-built queries, view valuation models and more. Of course, these are just a few examples of stock market analysis tools you can trust.

There is no substitute for professional advice, but succeeding on the stock market is all about making the right decisions and removing risk. Regardless of whether you utilise professional financial advice, are a new investor or a confident trader, technical analysis and market research will only improve your knowledge and therefore your chance of financial success.