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ChartIQ has partnered with Estimize to make a Visual Earnings Toolkit available to the users of the Technician app.
There are two main purposes of the toolkit: to better see how share prices have reacted to earnings/revenue releases in the past, and to get a more accurate idea about what the market expects for future quarters.
The earnings package is made up of two components – the Miss/Beat Indicator and the data table.
Once a trader has spotted the broader trend and how the market treats a particular company’s performance, the Data Table will provide a look into the details, as it contains all the key information for a more detailed analysis.
The purpose of the toolkit is to enable traders to make informed decision during earnings releases.
To find out more about the offering, click here.