Percent Change in Close Price
Author: djnavari
Creation Date: 3/1/2012 12:41 PM
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djnavari

#1
This seems like a very very easy question, but the WealthLab Helpdesk at Fidelity said it was not possible. All I want to do is use some tool in Wealthlab to "tell me the percent change in close price between 2 different times. For example if I am looking at a chart of Daily Bars of any stock and I am interested in the Percent change in close price between 2 randomly selected days, how do I do it???? Sometimes I am curious in the percent price movement over a period of interest and I have to manually calculate it which makes NO sense.

thanks for the help !
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Cone

#2
1. Use the Trendline Tool
2. Draw it anywhere
3. Double click it to configure the properties
- deselect "Extend" right and left (not required, but makes adjustments easier)
- "Snap" is optional
- "Display Percentage Change..."

The important thing to note is that the % change is from the close to close for the bars on which the trendline starts and ends, so it doesn't really matter precisely where you put the line, only the start and end points are important. (Another line will be drawn from the close to close that measures the change.)

4. Adjust the start and end points of the trendline
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djnavari

#3
Fantastic, I knew a piece of software this powerful could do it. Odd that 3 of the helpdesk people did not know about this. I will call and let them know.

Thank you !!!!!
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Cone

#4
In their defense, the feature is a little "too hidden". Someday I'll get around to making a dedicated drawing tool for Wealth-Lab that I've seen on "the Bloomberg" that shows the percentage change between two adjustable horizontal lines and also displays the APR based on the range.
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