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How Can I Compare Performance using Intraday Charts?

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Performance charts can be created with SharpCharts using “Performance” as the chart type and “Price Performance” as an indicator. For the first steps, enter a symbol, select the periods and then choose “Performance” under chart attributes/type. In the example below, I entered SPY and it will show in the main window. Second, go to “Chart Attributes” and choose the intraday period of choice, the date “Range” and the “Type”. In this example, I choose a 30 minute line chart that shows the year-to-date performance, which is the percentage change since December 31st.

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Click this image for a live chart.

The remaining securities can be entered as indicators by choosing “Price Performance” and positioning them “Behind Price”, which is behind the SPY plot. I changed the “Style” to solid and the “Color” to differentiate the lines for each plot. Notice that the Gold SPDR (GLD) is the top performer year-to-date. Stocks are also doing well as SPY is up over 5% year-to-date. The rest of the intermarket ETFs are down for the year. 

Arthur Hill
About the author: , CMT, is a Senior Technical Analyst at StockCharts.com. He has written articles for numerous financial publications including Barrons and Stocks & Commodities magazine. Focusing predominantly on US equities and ETFs, his systematic approach of identifying trend, finding signals within the trend, and setting key price levels has made him an esteemed technician. In addition to his CMT designation, Arthur holds an MBA from the Cass Business School at City University in London. Learn More
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Another variation of interday performance, Is using your performance chart relative to the SPY. Using SPY:SPY as the prime chart, and then Price performance USO:SPY, GLD:SPY, UUP:SPY, TLT:SPY. Thanks for sharing all of your charting ideas.
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