VectorVest is one of the few stock analysis software products that combines fundamental valuation with the efficacy of technical analysis. This subscription web based package allows the trader/investor to analyze and rank over 8,200 American stocks. In addition, the user has over 10 years of historical data in which to work with. This particular stock software is super for doing trade research.
VectorVest is a subscription based product. The pricing is $59.00 for a monthly subscription and $645.00 for a one year subscription. The relative affordability for such a powerful stock software package earns VectorVest very high marks for the active investor and trader, along with our TopTenREVIEWS Bronze Award.
Standout Features
VectorVest provides a number of stock charting tools to help the investor analyze stocks, business sectors as well as industry groups. The Field List Selector allows the user to display any of the built-in VectorVest Parameters, their own Custom Fields, or up to 3 fully-customizable Moving Averages. You can utilize multiple drawing and annotation features, including Trend Lines, Circles, Arcs, Rectangles, Text Balloons or Boxes.
The package can track multiple portfolios of your stocks or backtest an investment idea using Portfolio Manager. Portfolio Manager provides many tools to assist the user in accurately tracking the transactions within their stock portfolio. The user has the capability to simulate interest payments, simulate cash withdrawals and credits and view and print a variety of portfolio reports.
VectorVest does not have the number of technical indicators as many of its competitors but it does have a wealth of pre-defined technical studies that can be used and tweaked to hone in on terrific stock opportunities, which closely matches the user’s preferences.
Users can create their own trading approaches using pre-defined technical studies like moving average crossovers as well as customizing by adding their own criteria to create and test their own technical studies.
The product has impressive search capabilities led by its UniSearch tool, which combines watch lists, strategies, trend setter, delta viewer and high-low into one very powerful search function. It does things that were never possible before. UniSearch allows you to search, find and sort stocks meeting a certain set of conditions or criteria over any range of dates. The user can take advantage of over 250 pre-defined VectorVest searches, or create their own searches to help them find stocks meeting their investment style with a simple click of the mouse.
The user has the capability to scan the entire database of stocks. NASDAQ, NYSE, and AMEX are all scanned to give the user a picture of which stocks are performing well versus which stocks are performing poorly. In addition, stocks can be filtered based upon the criteria set by the trader/investor.
The ability for users to test an assortment of trading ideas and systems is one of the more attractive attributes of the VectorVest software package. Within the system testing feature of VectorVest you can create watch lists. These watch lists are selected lists of stocks that are generated from the VectorVest database. The user has the ability to create their own watch lists of stocks that they want to own or follow. In addition, the user can have the advantage of the VectorVest pre-defined watch lists to help identify profitable stock opportunities.
VectorVest has comprehensive help and support programs in place to answer the various user questions and get them up to speed with the product as soon as possible. In addition, they have great training through online webinars through VectorVest University, as well as offering DVDs and seminars.
The user has a variety of support options when it comes to using or navigating the VectorVest stock analysis software. They include e-mail, phone support and frequently asked questions (FAQ) categories. The FAQ categories are program usage, customer accounts and technically troubleshooting the software package.
VectorVest is certainly a stock software analysis package that an active investor should give a close look. The main features like maintaining and creating watch lists, extensive historical data, custom searches, custom charts, portfolio tracker, extensive support and the VectorVest University training makes this a very robust product for analyzing stocks. Another unique attribute is that it is one of few top of the line stock software analysis tools that is actually compatible with Macintosh.