ScotiaMcLeod Direct Investing has launched a new research tool, available to all of its clients, that tracks and analyzes price and volume patterns for all securities and indices on major North American markets. It will allow investors to monitor and act on
developing trends.

“Technical analysis provides an alternative way for clients to look at the merits of various investment alternatives,” says Marianne Hasold-Schilter, managing director and head of SMDI. “This new tool is a unique addition to our existing research capabilities, which provide clients with market, industry and corporate information that they can use to develop effective investment strategies.”

The new tool includes the ability to screen individual securities or markets, a search function that identifies specific technical patterns or events, and educational content that helps explain how technical analysis can be used.