MarketBeat analyst ratings provider

Modified on 2017/05/26 10:23 by Eugene — Categorized as: Providers

This is a fundamental provider that downloads historical analyst buy and sell recommendations for U.S. stocks available at MarketBeat.

Part of MS123 Extra Fundamental/News Providers.

Sample chart annotations

The provider only considers Upgrades (a green "+" on charts) and Downgrades (a red "-") while Initiated's, Reitereated's etc. are ignored. Each rating comes with extra details attached: firm (analyst), action (upgrade/downgrade), rating (the change from and to e.g. "Outperform -> Market Perform") and priceTarget (previous and current price targets, if available e.g. "$120.00 -> $120.00"). These are available in two forms:

In a popup when mousing over an Analyst Rating on a stock chart
In WealthScript Strategies via the GetDetail or FormatValue methods:

Make sure you've collected the fundamental data before running this Strategy (Data Manager > Update Data tab > check "Marketbeat analyst ratings" > DataSets tab > "Update DataSet").

using System;
using System.Collections.Generic;
using System.Text;
using System.Drawing;
using WealthLab;
using WealthLab.Indicators;

namespace WealthLab.Strategies
{
	public class MyStrategy : WealthScript
	{
		protected override void Execute()
		{
			// Illustrates the usage of GetDetail using the fundamental data item "analyst rating"

			const char tab = '\u0009';                                      
			string item = "[mb] analyst rating";
			IList<FundamentalItem> fList = FundamentalDataItems(item);            
			ClearDebug();
			PrintDebug(Bars.Symbol + tab + "Item Count: " + fList.Count);
			PrintDebug("Date " + tab + "Analyst");
			foreach (FundamentalItem fi in fList)
			{
				PrintDebug(
					fi.Date.ToShortDateString() + tab +
					fi.GetDetail("firm") + tab +
					fi.GetDetail("action") + tab +
					fi.GetDetail("rating") + tab +
					fi.GetDetail("priceTarget") + tab );
			}                                              

		}
	}
}