StockHoot Adds Data And AI Analytics To Trading Insights App

StockHoot, an analytics and trading platform for the masses, formally announced the launch of a stock market data and AI solution.

What Happened?

StockHoot lets traders access and share actionable trading insights.

As part of a vision to make investors more aware of the opportunity, StockHoot introduced an intelligent companion tool that guides decision making in a personalized way.

“Investors traditionally do not have access to data in a consumable format,” said Mitesh Bilimoria, CEO and CTO at StockHoot. “They struggle to figure out the things that they should be looking for when making an investment."

In light of the problems traditional investors face, StockHoot merged data analytics and AI to allow users a new way to access technical and fundamental insights.

“We created the AI structure within our app so any of our investors can go and check which stocks crossed their 200-day moving average, which hit their 52- week high and low, as well as what are the best investments based on analyst ratings,” Bilimoria noted.

Why It Matters?

Overall, the new tool reduces information asymmetry and helps empower investor decision making.

“We want each and every investor to be an intelligent investor. Our platform does all the data analytics and provides users the good opportunities they can pursue.”

To learn more about StockHoot’s new take on actionable insights, click here.

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