Original subtitles

So basically, I clicked where it said full screen there, right in the upper right hand corner by where

the chart is and then brings up this full big chart.

So let's take a look at the General Mills chart here, and we'll walk through how to read a stock chart

because it can seem very confusing at first, but we'll walk you right through it.

So again, this is Joe Mills.

They cereals and on the left hand side there.

I'm just going to look at least this top ribbon here.

They have some things where you can kind of add in indicators will learn about some indicators in D3,

like if I want to look at a moving average and have that overlay over the chart, I'm going to show

exactly how to do that, for example, or if I want to compare two stocks against each other or compare

General Mills versus a wider market index like the 500 large US stocks like the S&P 500.

Or if I want to compare HubSpot and General Mills together on the same chart, I can click comparison

enter in hubs for HubSpot or IN-TURN HubSpot, and I'll show both on both charts, shows upcoming events

that are coming on here, and I'll show you that on the chart.

And then you get to choose a date range.

So where it says different, you can click on there and actually put in specific dates.

Most folks will just click on one of these pre-set dates here, and your range can be one day, five

day, one month, three months, six months, year to date, one year, two year, five year or however

long the stock's been in existence.

That would be max, right?

And you can kind of click between them, and I'll change your chart looking at the date range.

You can see how it's highlighted there for six am.

So this is a chart for the last six months for General Mills.

Next, you can choose your interval.

So this is one day or one day.

So each one of those little marks that we're going to look at is a day.

So each of those like green, they're called candles, each green and red candle.

Each one of those represents a day below.

I could change that to if I was a day trader, for example, when I trade a lot during the day, I might

change that to be more frequent, like maybe minutes or hours before I could change it.

If I was traded less, I could go to weeks or months.

You know, I can change.

That interval day is the real common way that it's views because we have, you know, a trading day.

So that's very common.

The next, you can choose how the chart looks.

These have to be candles or candlesticks.

You know which a candlestick.

If we look at the chart now, you know, shows if it's green, that means the closing for that day was

up, right?

So there's a wide trading range.

You have the body of the candle then to have a wick at the top and the bottom.

And that shows you the range of prices that a stock traded on that particular day.

If it's green, that means the end of the day up for the day from when it opened.

And if it ends up red, that means it closed lower than it opened, right?

So that's that's the idea between the green and the red.

So think of green as an update and red as a down day, and that's how these candles work.

But I can change that look from candles to something like a, you know, a smooth out line, for example,

that might go on there or tick marks.

I can change the look of that, but candles is very common because they're they're very instructive

as far as showing you open and closes and where some trends might be going.

You have a drawing tool, too.

So if you want to draw some stuff on a chart, you can as well.

So that's a top ribbon where I can kind of change my parameters.

So I'm at six months and the daily interval and we got some candles here.

So now let's look at the chart itself.

So how you would read a chart is it's basically time going from left to right.

The further back in time is to the far left.

So if I was to go six months back in time because it's a six month chart, I would see I would go all

the way to the very far left.

And then the current day I would go to the very far right.

That's the current day.

And you can see up prices change just constantly through the day by the time you took the screenshot.

General Mills was at sixty three point seventy two, you know, versus whatever it was before.

I think it was sixty three, something like sixty something that so you can see on the right hand side,

there is prices that's going from the bottom to the top is, you know, a price range or high to low

in terms of prices.

So if we look at over the last six months, General Mills is trading anywhere from about, you know,

fifty three dollars to up higher above sixty three something to get up.

It looks like, you know, closer to sixty eight or so.

But right now, it's trading at sixty three point seventy two.

So left to right as time top to bottom is price.

And thus we want our stocks to go up in price.

We want to see them kind of going from left to right from, you know, diagonally, kind of from low

prices to high prices over time.

If we look at the actual chart here and let's start with the far left, you can see how General Mills

was kind of, you know, drifting down right.

You had this little period where it drifted down, then it had this big like three four one two three

four five days of downward trend here.

I want just we don't see all those red candle bars went way down, kind of came back a little bit,

then floated around, then went way back up right, went way back up and then kind of drifted down again.

And then we had this long.

Each of you know, where things are kind of going up, you know, through, you know, throughout the

day, so they're going, they're going up or, excuse me, throughout the throughout the chart, you

know, they're going up.

So and you can see in that eventually led us to our sixty three seventy two.

So each of these things as a day, as far as what you see in the day again, green would being that

it's up from where it opened in redwood mean it's down from where in the price opened.

So now you may look at something that looks a little weird, like this part here where it looks like

it's gone up in price.

And then the following day it goes down in price.

But then the camel colors don't seem right.

Well, what happened is the let's say with this first one, it went up as far as, excuse me, it opened

at a higher rate.

So you can see it open up really towards the top, but it closed down so close and a down towards the

down towards the bottom of that candle body by the same token, where we've down in that one day.

Way, way down in price.

But it has now shows a small little green candle there.

Basically, what that's telling us is that it went it opened way down, but the end of the day up for

the day.

But you can see from the chart they have this big gap down and went way down.

So that's just something to understand when you're looking through these prices, it's how it opens

for that day and how it closes for that day.

Now the lines along the bottom, a lot of times you'll see is each each of them is for that particular

day because we're looking at a daily chart and this shows volume how many transactions are happening.

And sometimes volume can tell us, like when there's something dramatic happening where a lot of people

are selling or a lot of people are buying, you can see there'll be spikes, right?

And you can kind of see in those periods where there's been dramatic moves either up or down.

Sometimes it goes way up or down in terms of volume.

So that's what that's telling us.

And then lastly, here you'll see where it says those deals.

Do you see the deals there that's just showing that there is a dividend?

So we were talking about how you know you get paid income for for holding some stocks like Cheryl Mills.

That means every time you see that deal, that means they're paying out a dividend.

So when we look at HubSpot, you can see they won't have the deals.

So let's take a quick look at HubSpot.

You can see General Mills now let's look at HubSpot.

So the same chart in terms of timing in my settings.

So we've got six month one day and then I'm looking at candles and you can see their, you know, their

wider price ranges throughout their chart and you see that one part there where they have this big what

we would call a gap up, where it really jumped up in price.

You know, we're jumped right here and there's a lot of volume on that day, too.

So all of a sudden, it just leapt right up to, you know, you know, unwrapping over five hundred

dollars.

You know where before I was trading, like, I'm going to guess there they're about four, you know,

the day before.

So quite a leap.

So something happened.

There was some news or something.

Maybe, you know, something happened, the company announced where all some people got excited.

You can see how the earn, how the volume just left right up and then the stock price jumped up, too.

And then, you know, as we look at, you know, further on from maybe that break point there which

were gapped up, you know, it's drifted down, then back up and then drifted down.

And you can kind of see how HubSpot moved as far as they go.

But the same concept of if I'm looking, whether at General Mills or HubSpot, the idea of reading these

charts is exactly the same.

In fact, a lot of people invest in stocks or trade in stocks just based on the charts, an idea called

technical analysis or charting.

So there's different ways to look at stocks with talked about, like price earnings ratios and ratios,

so we'll learn about that in addition to the charting parts that's coming up.

How to evaluate stocks.