ChartWatchers

ONE STEP FORWARD, TWO BACK

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As we continue to evaluate alternative data feeds, we continue to be surprised by the results we are getting especially when it comes to data accuracy. Last week, we finally started charting intraday data from several different providers in our test lab. That allowed us to visible compare the results and see which vendors could give us the "best" data. We were surprised to find out that our current vendors data was by far the "cleanest" of all the feeds we were looking at. That was surprising because our users alert us to minor intraday spikes on our charts all the time. We've asked the other data vendors to explain why their data is so "spikey" - hopefully, they will be able to find and fix the problem. If not, we'll move forward knowing that we are providing our members with the cleanest data available - even if it isn't always perfect.

Chip Anderson
About the author: is the founder and president of StockCharts.com. He founded the company after working as a Windows developer and corporate consultant at Microsoft from 1987 to 1997. Since 1999, Chip has guided the growth and development of StockCharts.com into a trusted financial enterprise and highly-valued resource in the industry. In this blog, Chip shares his tips and tricks on how to maximize the tools and resources available at StockCharts.com, and provides updates about new features or additions to the site. Learn More
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