How to find and use historical stock price data
with historical stock charts
There are good reasons to look for historical stock price data. It is important to analyze historical stock charts. Such analysis helps to make good decision about actual trade.
First step is to find good source of such historic stock quotes. It can be complicated for somebody to find good source of historical stock price data. I describe one easy way. Yahoo finance web page is good source of such free historic stock prices. It has really large database of historical stock market data. This site has one big advantage - their data are free and are on one place.
Second step is to download these historical stock market data. How to do it ? I recommend to use
Amibroker
software. This software can download whole history of US stock market automatically. It has very good tool named AmiQuote for this task. AmiQuote can be also used separately to do historic stock quotes download. But with
Amibroker
you will be able to use these data to produce historical stock chart. These chart will help you to identify very important levels of
support and resistance
. Just switch time frame to weekly or monthly and you have to see these very important levels. Here is one of such long term historical stock charts. You can see two important long term levels of support and resistance there: 28 USD as support level and 36 as resistance level. It is worth to buy KFT stock near 28 USD with stop loss under this level. When stock will approach 36 USD level it is good time to realize profits.
Return from historical stock price data back to Stock chart analysis

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