AI-Powered Financial Data Analysis with ChatGPT
Harnessing the Power of AI for Stock Market Insights with Financial Data API
Financial market analysis is becoming more accessible and efficient thanks to AI-powered tools like ChatGPT and EODHD API. In our latest video, we demonstrate how you can leverage these technologies with EODHD Official Financial Assistant for ChatGPT to retrieve real-time and historical stock data, visualize stock trends with charts, analyze financial news sentiment, and perform technical analysis using Python.
Whether you’re a trader, investor, or developer, learning how to integrate AI and financial APIs can significantly enhance your decision-making process.
What You’ll Learn in This Tutorial?
✅ Retrieve historical stock data using the EODHD API
✅ Visualize stock prices with line charts and candlestick charts
✅ Calculate and plot the 50-day SMA (Simple Moving Average) for trend analysis
✅ Analyze market sentiment by fetching financial news for specific stocks
✅ Generate and modify code dynamically using ChatGPT to adapt it to your needs
In this tutorial, we take a hands-on approach, utilizing Jupyter Notebook to run and modify AI-generated code, making it easier than ever to automate financial data analysis.
The Power of AI in Financial Data Processing
The stock market moves fast, and traders need access to up-to-date and reliable data. With ChatGPT, you can generate and refine code on the fly, making API requests more efficient and tailored to your specific analysis needs.
By integrating AI-generated Python scripts with financial APIs, we can automate stock analysis, making trading decisions based on data-driven insights rather than speculation.
How AI and APIs Work Together
In our video, we show how ChatGPT assists in writing Python code for interacting with the EODHD API, including:
- Fetching stock price data for Apple (AAPL) and Tesla (TSLA)
- Creating visual stock charts using
matplotlibandmplfinance - Performing technical analysis with moving averages
- Extracting financial news sentiment to gauge market reactions
ChatGPT allows you to modify the code instantly to adjust parameters, optimize queries, and even debug errors — all within a single session.
What’s Next?
In our upcoming videos, we’ll explore:
📊 Retrieving fundamental financial data for stocks & ETFs
📉 Using the stock market screener API for filtering stocks
📈 Automating financial workflows with AI-powered scripting
💡 Want to try it yourself? Get your EODHD API key and start analyzing financial markets with AI today: Sign up at EODHD.com
Please note that this article is for informational purposes only and should not be taken as financial advice. We do not bear responsibility for any trading decisions made based on the content of this article. Readers are advised to conduct their own research or consult with a qualified financial professional before making any investment decisions.
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