An Intraday chart displays the intraday movements of a given security. Longer term or historic charts show price movements over longer periods of time weeks, months or years. Intraday charts allow traders to see the continual price movements of securities during a trading day. These charts allow traders to determine the correct time to enter or exit a specific trade. Intraday charts of broad indexes are performance indicators for the broader market.
Intraday for most exchanges are between the hours of 9:30 am EST. and 4:00 pm EST. Since trading can be done pre and post market Real Time Markets allows traders to view intraday charts which include trading during this period.
Intraday charts also known as "within the day" are important to short term traders looking to make profits from the daily price movement of a particular stock or option. Traders pay close attention to intraday price movements in order to take advantage of short term price fluctuations. Although some traders will have longer term investment horizons, intraday charts also help these traders determine execution points or indicate when traders should exit a trade that is working against the given strategy.
Real Time Markets provides traders with both intraday and historic charts. The intraday charts take advantage of Real Time Markets real time quoting and are updated in real time. The intraday charts provides price in real time and tracks the price graph from market open to close for each day.
Intraday charts are available for all stocks available on the traded exchanges. In addition to stocks, real Time Markets will also provide intraday price charts for options. Since option price does not move as quickly as the underlying, intraday option charts can show periods where the option is mispriced against the security providing additional benefits to traders.
Many traders will use intraday charts to give them a quick view of what is happening in the market. For many traders the intraday charts are more easily read than the ticker tape provided by most trading platforms.
