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Registered User
Joined: 3/8/2010
Posts: 30
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Question,
When looking at mutual funds I am unable to get candle sticks on a daily chart?
If I change the time period from daily to 2 day, 3 day or 5 day, I can get candle sticks on the chart.
Thanks
Peter
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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There will be intraday prices for ETFs, but not for most mutual funds. The Net Asset Value of most mutual funds is not normally calculated more than once a day.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 3/8/2010
Posts: 30
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QUOTE (Bruce_L)
There will be intraday prices for ETFs, but not for most mutual funds. The Net Asset Value of most mutual funds is not normally calculated more than once a day.
Bruce,
I am not looking at an intraday chart I am looking a a daily chart. Every mutal fund has an open and a close. So why no candle on the chart? I don't understand.
Thanks
Peter
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
|
No, every mutual fund does not have an open and a close. Most mutual funds aren't actually being traded as equities. Most mutual funds have a Net Asset Value which is calculated and released by the company managing the mutual fund at the end of each day.
There are no intraday values from which you would construct an OHLC bar. TC2000 version 12.3 does not plot bars or candles when OHLC data is not available.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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