Press Release

MarketSmith Launches New Pattern Recognition Feature Arcade

Pattern recognition makes it easier for investors to identify and act on key technical movements in stock charts — leading to more profitable investment decisions.

LOS ANGELES--(BUSINESS WIRE) — MarketSmith, the powerful, versatile online investment research tool, today announced the launch of its new premium feature, Pattern Recognition. The feature automatically highlights past and emerging stock chart patterns, such as Cup with Handle and Ascending Base, which can help investors pinpoint optimal points to buy and sell stocks. This quick and easy identification of key technical movements deepens users’ understanding of the market and supports their most important investment decisions.

“A core goal at MarketSmith is to put more information and power in the hands of individual investors, so they can take greater control of their investments,” said W. Scott O’Neil, president of MarketSmith. “Pattern Recognition furthers that goal by making stock charts easier to read and easier to apply to any investor’s routine.”

Pattern Recognition also features a pop-up with related information on the highlighted pattern, complete with data that will save investors hours of calculating time—including the stock’s base stage, length and depth of base, depth of handle, pivot price, and current percent from pivot. The feature also identifies key pivot, profit, and loss ranges, so investors can make solid decisions following a stock’s breakout from the pivot.