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Chart comparison uses

The best time i know of to use stock comparison tool is when you are conflicted between investing in two stocks. Putting their price action and movements against one another can solve this problem. Just remember to use percentage and not price for the comparison. Or for example, it is an easy way to visualize market health as a whole. This can be accomplished by pulling up a SPY (which tracks the S&P 500) and adding the DIA (Tracks Dow) and QQQ (Tracks Nasdaq) symbols. The result is one single chart containing easy to read, pertinent information spanning the entire market. Chartists can also use the Price Relative to compare the performance of a stock to its sector or industry group. This makes it possible to determine if a stock is leading or lagging its peers. The Price Relative indicator can also be used to find stocks that are holding up better during a broad market decline or showing weakness during a broad market advance.
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