# MarketCarpets [Our MarketCarpet tool](https://stockcharts.com/marketcarpet/?group=SEC) lets you see “at-a-glance” what an entire market is doing and which stocks are making the largest upside and downside moves.

Individual stocks or other securities are represented as colored squares on the carpet. By default, the squares are colored on a red-to-green spectrum with dark green securities performing the best and dark red securities performing the worst. A sidebar on the right side of the page ranks the securities from your chosen group by performance. Mousing over a square provides more information about that security, including a mini-chart showing its recent performance. MarketCarpets are great for visually scanning and ranking a large collection of stocks simultaneously and quickly finding the best and worst performers for a given period. They are designed to be graphically efficient and are especially useful for sector analysis. Like securities, market sectors also trend; consequently, MarketCarpets are a fantastic tool for identifying the strength of a sector, as analysts can use them to determine the strong securities within the sector. Read on to learn how to get the most out of MarketCarpets. ## Creating a MarketCarpet There are several ways to create a MarketCarpet on StockCharts.com. The easiest ways are the following: * Choose **MarketCarpets** from the **Charts & Tools** menu at the top of most pages on our site. * From **Your Dashboard**, click on the **MarketCarpets** link in the **Member Tools** area. Once you've loaded the MarketCarpet tool, you can select a predefined MarketCarpet from the **Select Group** dropdown menu above the chart. ## Parts of the MarketCarpet Tool There are several important sections of the MarketCarpet tool.

The StockCharts MarketCarpet is a heat map of the overall stock market. — Important parts of the MarketCarpet tool

1. The MarketCarpet itself 2. Settings determining what data is shown on the MarketCarpet 3. Settings specifying the style of the MarketCarpet 4. Share button 5. Table ranking the symbols featured on the MarketCarpet 6. Legend The use of each of these sections is described below. ## Working with MarketCarpets ### Getting Information from the Carpet #### Color-Coding of Squares MarketCarpets are often about finding outliers—the dark red and dark green squares. In addition, look for general clusters of greens versus reds. For example, which sector is greenest on the S\&P 500 Sector MarketCarpet? Which is the most red? The legend below the carpet will give you an idea of what values are considered to be at the far ends of the spectrum for that carpet. By default, the MarketCarpet tool uses a red-to-green color scheme, but you can choose from a variety of other color-coding schemes using the **Color Scheme** dropdown menu above the carpet. #### Table Data There is a sidebar panel on the right of the MarketCarpet that shows all the symbols in the carpet, ranked by their value on the carpet (whether it be percent price change or some other measurement). This sort can be useful if the trading day was relatively flat and it's difficult to identify the top performers. You can hide or show this sidebar panel by clicking the **Table** button at top right of the MarketCarpet. #### Symbol Info Each square shows the symbol and the percentage change by default. To toggle this off and just show plain squares, uncheck the **Show Symbols** checkbox above the carpet. Hovering your mouse over a square on the carpet will pop up a small box showing the symbol, full name of the security, carpet value, and a mini-chart for that symbol. To turn off either the info or the mini-chart, uncheck the relevant checkboxes above the carpet.

If you want to do deeper research on the symbol, double-click on a square to open the full Symbol Summary for that ticker symbol. #### Zooming In Many of the predefined MarketCarpets have the symbols divided into subgroups. For example, the S\&P 500 MarketCarpet has the individual stocks organized into sector groups. To zoom in on one specific sector, click the header with the sector name.

The MarketCarpet will zoom in to show only the symbols in that sector. To zoom back out again and see the entire MarketCarpet, click the back arrow at the top of the carpet. ### Configuring the Data Shown on the Carpet #### Group By default, the MarketCarpet shows the symbols of the S\&P 500, divided into sub-groups for each of the 11 sectors. To view a carpet with a different set of symbols, just change your selection in the Select Group dropdown menu above the carpet. We offer MarketCarpets for major indexes, US sectors, and other commonly-analyzed groups of stocks, indexes, ETFs, mutual funds, and cryptocurrencies. {% hint style="success" %} **Cool Tip:** Logged-in members can also select one of their ChartLists from the Select Group dropdown menu to see all the symbols in that list on the MarketCarpet. {% endhint %} #### Measurement By default, MarketCarpets use price performance data to color their squares, but there are many other measures that can be analyzed with a MarketCarpet. Use the **Measurements** dropdown menu above the carpet to choose the measure you wish to use: * **Price** * **Performance:** The percentage change in closing price during the selected date range * **\[Up Days] - \[Down Days]:** A general breadth measurement * **Technicals** * **SCTR:** The StockCharts Technical Rank rating * **RSI:** Welles Wilder's popular momentum indicator * **PPO:** A percentage version of the popular MACD momentum indicator * **Aroon Oscillator:** An indicator that measures trend strength * **Bollinger Band Width:** A measure of volatility * **Bollinger Band Position:** A measure of a stock's variation from its mean * **StochRSI:** A more sensitive version of the RSI * **Full Stochastics:** Another popular momentum indicator You can find more information about these indicators in the [Technical Indicators section of ChartSchool](https://app.gitbook.com/s/ERtrZrZOhufFzk6ZQO4B/table-of-contents/technical-indicators-and-overlays). #### Timeframe By default, the measurement will be calculated based on the 1-day change in price or indicator value. If you're a longer-term investor, you may prefer to view performance data over a longer timeframe. You can change this setting using the **Color By** dropdown menu above the carpet, which offers a number of percent change timeframes from one day (1D) to one year (1Y). For the technical indicator measurements, you can also choose to display the latest value instead of the percent change values. #### Square Size The **Size By** setting above the MarketCarpet allows you to specify how the squares are sized on the carpet. By default, they are sized proportional to each symbol's market cap value, with larger companies having much larger squares than smaller companies. Change the setting to Equal Weight to have each square the same size. The Price option for Size By can be useful for symbols that do not have a market cap (e.g. indexes, mutual funds, cryptocurrencies). ### Other MarketCarpet Settings #### Auto-Refresh To make sure the MarketCarpet is updated as prices change during market hours, make sure the **Auto-Refresh** checkbox above the carpet is checked. #### Resizing the Carpet To hide the table and maximize space in your browser window for the carpet, click the **Table** button at top right of the MarketCarpet. You can also toggle the carpet to full screen mode using the **Full Screen** button to the left of the **Table** button. Click the button again to return the carpet to its original size. ### Sharing a MarketCarpet Once you have configured the MarketCarpet to meet your needs, you may want to share it with another member or just bookmark it for later use. To do this, click the **Share** button at top right of the MarketCarpet tool. A special URL will be generated that includes all the carpet settings you have changed. Click the **Copy Link** button and then paste the URL in a message to a friend, a social media post, or wherever you'd like to share your MarketCarpet. To bookmark the carpet, simply paste the URL into your browser, and once it loads the page from that new URL, you can bookmark the page as usual. {% hint style="warning" %} **Note:** If you share a MarketCarpet with the Select Group set to one of your ChartLists, the recipient of the share link will see the S\&P 500 instead of your list. {% endhint %} ## Viewing ChartLists in MarketCarpet Format Members can also use MarketCarpet View to plot any of their ChartLists on a MarketCarpet chart. From Your Dashboard, select **MarketCarpet** from the **View As** dropdown next to the ChartList you wish to view. Alternatively, you can switch to MarketCarpet format from other ChartList formats, such as Summary View, Gallery View, or CandleGlance View. Select **MarketCarpet** from the **View List As** dropdown. The MarketCarpet View displays all the charts on your ChartList in MarketCarpet format. Above the chart, you can use the **Select List** dropdown to choose a different ChartList to display. MarketCarpet View offers additional ChartList functionality over the regular MarketCarpet tool, including showing ChartList Notes, and providing buttons for adding, editing, and deleting ChartLists. {% hint style="info" %} **Learn More:** [MarketCarpet View](https://help.stockcharts.com/charts-and-tools/sharpcharts/chartlists/marketcarpet-view) {% endhint %} --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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