Chart Overlays

Chart overlays allow you to superimpose on your chart certain technical studies or an additional security or index chart. This allows you to see how movements in the overlay correlate to movements in the security price.

Study Overlays: Some traders find that the relationship between a study's lines and the price chart may be an early indicator of shifting price trends. They may use this information as part of the decision to enter a position if the trend seems positive, or exit or short if it suggests a downward trend.

Index and Security Overlays: Comparing an index or other security can help demonstrate how the stock is performing in relationship to the market.

Setup Chart Overlays by clicking Overlays button above the chart. You may have up to 10 overlays per chart.

NOTE: Interpreting studies is a complex subject, so it is recommended that you learn as much as possible about Bollinger Bands and Moving Averages before incorporating these Chart Overlays into your trading strategy. Many books, web sites, and third party educators are available to further your understanding of Technical Analysis.

 

Get a quick overview of all the Chart Tab features in this self-paced Charts training course.

 

Overlays can display another symbol, index chart, Bollinger Bands, SMA, EMA, or MA Envelope on top of your current chart.

Stock and/or option symbols and price and volume data shown here are for illustrative purposes only. Charles Schwab & Co., its parent or affiliates, and/or its employees and/or directors may have positions in securities referenced herein, and may, as principal or agent, buy from or sell to clients.

 

A variety of pre-set overlays are available, any of which you can enable or disable for a chart by clicking the box next to the item.

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