README.md

metadata

title: MarketCompass
emoji: 🌍
colorFrom: red
colorTo: green
sdk: streamlit
sdk_version: 1.39.0
app_file: app.py
pinned: false
short_description: 1Day Key support and resistance levels

Check out the configuration reference at https://huggingface.co/docs/hub/spaces-config-reference

MarketCompass MarketCompass is a streamlined and powerful tool designed to help traders navigate the stock market with precision. By calculating and visualizing key support, resistance, and pivot levels, MarketCompass gives users a clearer view of potential entry and exit points. Ideal for both new and seasoned traders, this tool simplifies complex market data, making technical analysis accessible to everyone.

Features Real-Time Pivot Calculations: Get accurate pivot points for selected stocks to make data-driven decisions. Support & Resistance Levels: Visualize critical support and resistance levels to plan trades with reduced risk. Market Open Status: Quickly check if the market is open to better understand data availability. Easy-to-Use Interface: Built on Streamlit for an intuitive and interactive user experience.

Usage Upload Stock List: Start by uploading a CSV file containing the list of stock symbols. Select a Ticker: Choose a stock ticker from the dropdown list populated by your uploaded CSV file. View Support and Resistance Levels: MarketCompass will calculate and display the pivot point, along with resistance and support levels for the selected stock. Refresh Data: Click on the "Refresh" button to get the latest data after market hours.

Warning Please note the following when using MarketCompass:

Data Availability: MarketCompass fetches data from Yahoo Finance. During market hours, data might be incomplete or delayed. It is recommended to use this tool after 3:30 PM (IST) for finalized daily data. Market Data Limitations: Since MarketCompass relies on external data, there may be temporary service interruptions or discrepancies in pricing. Always cross-check critical data points before making trading decisions. Support and Resistance Levels Are Indicative: The levels provided by MarketCompass are based on historical data and may not fully predict future price action. Use them as reference points, not as definitive trading signals.