How to stay alert

Intermediate Difficulty · 4min to complete

How to use our alerts to stay vigilant to key events that could impact your portfolio.

In this tutorial

In this tutorial we explain how to use Stockflare to stay alert to both positive and negative events that affect your stock. We discuss what to do, when one of these event occurs.

Table of contents

This tutorial is divided into 3 parts

  1. Where are my alerts
  2. What different alerts are there
  3. Do I need to take action?

Part 1. Where are my alerts

We find the alerts in two place

  1. Inside any stock widget
  2. At your alerts page

Stock widget

If we click open any stock widget we can see an alarm icon. Clicking this icon opens the alerts summary, with a list of any key events for that widget.

Alerts in widgets

Your alerts page

Alternative, at the top right of the page, there is an alerts icon. Opening this page it will check what alerts have occurred in the last 24 hours for the stocks in your portfolio.

Alerts page

Part 2. What different alerts are there

We provide 5 different types of alerts. They are all automatic. When a key event occurs, with specific thresholds being crossed, then an alert is triggers. The five alerts are:

  • Price: If the price moves by more than 2%, up or down, an alert is triggered
  • Volume: If the 10 day average volume increases more than 10%, signaling a doubling in the trading in the last 24 hours, an alert is triggered
  • Star: If a stock gains stars to become a 5-star stock, or loses it’s 5 star rating, then an alert is triggered
  • Recommendation: When the Wall Street rating changes from Buy, Sell or Hold, an alert is triggered
  • Target Price: When there is a significant change in the target price of the Wall Street analysts, then an alert is triggered

Do I take action?

Well, no. Too often people react too quickly to the news, without actually considering the long-term implications. Sometimes the best action is inaction.

However, an alert is a good reason to revisit the logic of owning a stock. Ask yourself, is it a bad-egg? Would you buy the stock today if you didn’t have it in your portfolio?

Easy ways to do this, could include:

  • check Stockflare’s analysis of the stock
  • look at the competitors, in case they are any better
  • and if no competitor is interesting, pop over to Find Ideas, and search for a new business

Conclusion

There are two easy ways to get alerts. Though using a Watchlist of your stocks is the best way. And if something negative has occurred at one of the stocks you own, then Stockflare is a great place for you to learn what alternatives there are.

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