Chaiken Analytics Review
Ease of Use
Chaiken Analytics is a stock market analysis and research platform. Chaiken’s goal is to put their Chaiken Money Flow (CMF) indicator to work for you providing stock and options trading ideas with thorough analysis and unique in-depth insights. So, the question is, is Chaiken Analytics right for you? We’ve done the research, now read our in-depth review of Chaiken Analytics.
About Chaikin Analytics
Chaikin Analytics is a stock market analysis and research platform run by Marc Chaikin, the creator of the Chaikin Money Flow indicator. Chaikin Analytics puts this indicator to work to provide stock and options trading ideas along with thorough analysis and in-depth stock research. The platform offers tools like Hot Lists, Sector View, stock screeners, and Chaikin Money Flow-based buy and sell alerts.
Chaikin Analytics can dramatically simplify the process of finding potential trades, but the service is also quite pricey. In our Chaikin Analytics review, we’ll help you decide if this trading platform is worth the cost.
Chaikin Analytics Pricing Options
Chaikin Analytics offers several different services with a variety of stock research tools.
The flagship service is called Chaikin Analytics and it’s built for active traders. It costs $3,195 per year and provides complete access to the Chaikin Analytics platform. You get interactive charts, buy and sell signals, Chaikin Power Gauge ratings, a stock screener, and detailed stock ratings.
You can try out Chaikin Analytics for 30 days, but refunds are only offered in the form of a credit to Chaikin Analytics – you cannot get a cash refund after signing up.
The Power Feed service is a daily newsletter that offers trade ideas and up-to-date stock ratings for stocks that have triggered alerts within the Chaikin Analytics platform. Power Feed doesn’t offer direct access to the platform, but it’s completely free.
Chaikin Analytics also offers two services for investors.
Power Gauge Report is a monthly stock newsletter that offers one new large-cap or mid-cap stock recommendation from Marc Chaikin and his team of stock analysts. It costs $199 per year.
Power Pulse Premium doesn’t offer a newsletter, but rather gives investors access to the Chaikin Power Pulse system. This includes stock ratings for more than 4,000 stocks, each with a breakdown of 20 technical and fundamental factors that go into the overall rating. Power Pulse Premium costs $120 per year.
Both Power Gauge Report and Power Pulse Premium each offer a 30-day trial with a money-back guarantee.
Chaikin Analytics Features
Here are some of the notable features and indicators of the flagship Chaikin Analytics service.
The Chaikin Analytics charting platform is intuitively designed and offers a great mix of technical and fundamental indicators. Available momentum indicators include overbought/oversold, Chaikin Money Flow, and Power Gauge. There are also price indicators including trend lines and price envelopes.
I really like the Relative Strength vs. SPY indicator, which illustrates buy or sell fades beautifully. For traders, this means a stock that is fading the SPY will likely sell off faster when the SPY weakens, thereby creating short-selling opportunities.
Chaikin Power Gauge Rating
Chaikin Power Gauge ratings are one of the most powerful features of this platform. Illustrated in the form of a simple colored speed-o-meter dial, these ratings visually depict how bullish or bearish a stock is. This Power Gauge system is based on an analysis of 20+ fundamental and technical indicators that are grouped into four sub-categories: Financials, Earnings, Technicals, and Experts.
The Financials rating is based on debt to equity, price to book, return on equity, price to sales, and free cash flow. The Earnings score is based on earnings growth, earnings surprises, earnings trends, forward P/E ratio, and earnings consistency. The technicals score is based on strength compared to the broader stock market, Chaikin Money Flow, momentum, and volume. The Experts rating is based on insider trading activity and analyst ratings.
Once you have selected a stock, you can click the OptionsPlay button to generate stock and options trade ideas such as share purchase, directional 1-leg, and 2-leg spreads. Recommendations are based on the bullish/bearishness of the underlying stock. The potential outcomes and an explanation of the strategy are conveniently provided for you along with an Options Play Score, which measures how highly Chaikin Analytics rates the strategy.
Users can also the strategy parameters and use the P&L Simulator to calculate potential outcomes. While this is deceptively simple, it is important that traders have a methodology in place to manage their trades. Users may not want to hold options positions through expiration and should at least have a solid understanding of the options Greeks.
Chaikin Hot Lists
Chaikin Hot Lists are pre-configured stock screens that can be used to find very bullish stocks or very bearish stocks to trade. Hot lists include Featured Bulls and Bears, Signals, Indicator Hot Lists, Power Gauge Hot Lists, Factor Movers, Earnings Hot Lists, and Other Hot Lists.
I really like using the Hot Lists to find trade ideas at the start of each trading day. When you click a category and select the type of hot list, it pulls up a visual list of stocks complete with their Chaikin Power Gauge rating, last trade, and performance on the day. Clicking on a stock will pull up its chart already filled in with a set of technical indicators.
For those who want to take a do-it-yourself approach, the Chaikin stock screener lets users create custom scans using the platform’s 20+ stock rating factors and Power Gauge ratings. The filters are geared towards momentum-oriented trading strategies.
I really like how the screener pulls up stock panels with the symbol, Power Gauge ratings, and intraday performance. These little efficiency enhancements improve the decision-making process for traders. I can’t praise this format enough since I’m a visual person and the clarity this provides makes Chaiken Analytics stand out from competitors.
Chaiken Analytics sends out bullish/bearish alerts on stocks derived from preset filters. Users can customize manual alerts by customizing settings to their own preferences on the scanner filters and watch lists.
News Feed and Educational Content
Chaiken Analytics provides streaming news feeds as well as individual news applied to any symbol including press releases, upgrade/downgrades and analysis reports. There is plenty of educational and informative content through the free blog , tutorials and webinars.
Users can create multiple watch lists and pull up charts scrolling through and selecting stocks directly from the lists. I also like the ability to compare different stocks based on technical analysis and quantitative metrics. Screen results are also compiled onto a default watch list that users filter though and added to customized watch lists.
This unique feature lets users “discover” stocks with positive and negative correlation to any selected stock. I love the accuracy of this tool as it bases comparisons not only on price performance, but also on the 20-factor components of the Power Gauge ratings.
The platform is very intuitively designed with all the tools needed to do a full analysis on any stock within minutes. Much credit must be given for the visual enhancements and color coding of signals that streamlines the user experience. It’s simple to type in a ticker and know in seconds if the stock is bullish or bearish, or whether it offers any trading opportunities based on the day’s price action. Additional indicators like the Power Gauge rating enhance efficiency when making quick trading decisions on the fly.
I’ve yet to find a platform that fuses technical analysis with quantitative and qualitative metrics as smoothly as Chaikin Analytics. For example, the fundamental factors include insider buying and selling along with consensus EPS trends in deriving its rating. Trying to do this manually would take some considerable time. Chaikin Analytics handles so much of the legwork for calculating and analyzing material factors without the useless fluff found on mainstream brokerage platforms. This is information that is useful for making trades.
Is Chaikin Analytics a Good Value?
The Chaikin Analytics system offers a lot of tools and holds a lot of potential for traders, but it’s also very expensive compared to other stock rating and research platforms. For seasoned traders who can use Chaikin Analytics to its full potential, I think the annual subscription is well worth the cost. A few strong options trades or momentum trades can pay off the subscription cost and save you a ton of time finding trading opportunities each day.
For non-professional stock traders or active investors, Chaikin Analytics may be more cost-prohibitive. It’s not that the platform isn’t useful – it can absolutely be help for finding trade and investment ideas. However, the steep annual cost means that you need to think carefully about whether you can reliably pay off the subscription price with your profits.
What Type of Trader is Chaikin Analytics Best For?
Chaikin Analytics is ideal for advanced traders who want a way to find trade ideas quickly. Time is money and the visual tools that this platform offer save a lot of time.
Active investors can also benefit from Chaikin Analytics, but you’ll want to have a relatively large portfolio to make the subscription cost worthwhile.
Importantly, Chaikin Analytics can appear deceptively simple. Putting trade ideas and strategies suggested by the platform into action requires having a trading methodology. There’s enough educational content for beginners to learn the tools and get acclimated, but managing a trade requires experience.
- Robust trade ideas generation platform with in-depth research analytics
- Convenient tools and indicators like Chaikin Power Gauge rating system
- Intuitively designed to move from filtering to analysis to monitoring to trade management
- Excellent use of precious screen real estate
- Streamlined features like color coded signals, colored dial, panel view (tiles) and graph-based tools
- Strong library of educational content including webinars, market reports, and commentary
- Very expensive with no money-back guarantee
- Requires experience to put suggested strategies into action