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Affordable, Efficient and Reliable Share Market Technical Analysis Software Everything you need to successfully invest on the stock market

About Progress Data Services

PDSNET (Progress Data Services) specialises in the development and sale of local as well as internationally acclaimed share trading investment software and education.

Over the last 35 years, we have become the largest local provider of stock market data, providing data of all equities quoted on the JSE (Johannesburg Stock Exchange), Futures, Unit Trusts, Currencies and Commodities as well as many of the major International Indices.


Our mission is to provide accurate and reliable JSE data to all our customers. As well as this, we aim to sell only the best technical analysis products on the market, and pride ourselves in supplying value for money.

FOUR IMPORTANT CRITERIA WHEN CHOOSING TECHNICAL ANALYSIS SOFTWARE

A competent investor will tell you there are four basic criteria when choosing technical analysis software. We are proud to say that our software easily satisfies these, is sold ethically and is good value for money.



"Whenever I have a problem I can phone PDSnet for help. They go out of their way to assist me, be it on Teamviewer or sending someone to my office. I firmly believe that one of the reasons for their success is that they provide full support and a download service in MetaStock format plus providing the client with knowledgeable trained technical support staff. Their software program, ShareFriend Pro, is also commendable and must rank as one of the most user-friendly and easiest to use charting software available on the local market."

Christo AuretHead Finance WITS University

"Throughout my years as a financial journalist, writing on stock market investment for The Citizen, The Star, The Business Day and The Financial Mail, I have mostly relied upon ShareFriend Executive and ShareFriend Pro to identify the shares most likely to gain, or those in danger of losing ground. I am able to pick which sectors should be highlighted, those that should be left alone; when gold or oil are likely to change direction. The data necessary to compile my charts is provided by PDS Data Centre. Having now retired from journalism but still running several portfolios of shares, a daily download is all I need, but could choose more frequent downloads if I wished. With the holdings in my various portfolios automatically updated, taking split-second action at exactly the right time is child’s play."

Jean Temkin's books

Jean TemkinFinancial Journalist and Author

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PDSnet | Stock Market Glossary

List of Glossary Terms

The PDSnet Glossary of Terms contains definitions and explanations for over 2600 financial market terms. These definitions are constantly kept up-to-date with current topical examples from the markets. They are also updated for changes in legislation and current events like COVID19 and the July 2021 civil unrest.

The terms in the Glossary are directly linked to all PDSnet articles, confidential reports, lecture modules and other material. This means that a client reading one of our publications can immediately see which terms are defined in the Glossary and click through to read the definition. Terms within the definitions in the glossary are similarly linked, which gives the Glossary an enormous educational depth share market investors.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Numeric Latest


FLOWBACK

The selling of shares due to a merger between companies in different countries where some shareholders do not want to have exposure... read more

 
BULL TRAP

A situation where bullish investors buy into a security too early, before all the bad news has been published and digested by the market.... read more

 
BENEFICIATION

The processing of raw materials into commodities with greater value. For example, combining iron ore, carbon and other metals to make steel. South... read more

 
IMPAIRED ASSETS

Assets whose book value has been reduced by the board in order to reflect their true market value more accurately. Impairments result... read more

 
MARKET CAPITALISATION

The current market price of a share multiplied by the number of shares that the company has in issue. The market capitalisation of a company... read more

 
RECORD HIGH

The highest point that an index (or other financial indicator) has reached since it was first recorded. Thus the S&P500 index reached... read more

 
SAVINGS

That portion of an individual's income which he/she saves. The national savings rate is important because those savings can be used by businesses to expand... read more

 
SUBSISTENCE FARMER
A form of farming where nearly all crops or livestock raised are used to maintain the farmer and the farmer's family, leaving little for sale or trade.
 
OSCILLATOR

A statistical term which refers to an indicator which moves above and below a set level - usually zero. Many line indicators are oscillators - like... read more

 
TARIFF

A tax or levy which is added to the cost of imports by a country, usually to protect its local industry. Tariffs increase the cost of imported goods making... read more

 
MUNICIPALITY

A mechanism for providing governance over a local area. In South Africa there are 8 metropolitan municipalities, 44 district municipalities and 205 local municipalities... read more

 
PUBLIC FINANCE MANAGEMENT ACT

An Act which governs the management of public funds in the hands of government departments, provinces and municipalities. It establishes procedures for... read more

 
BUSINESS CONFIDENCE INDEX

There are two indices of business confidence in South Africa - the Rand Merchant Bank (RMB)/Bureau for Economic Research (BER) index and the South African... read more

 
SHRINKFLATION

Reducing the size of products while leaving the price unchanged. This process is usually found in the food and beverage sectors. When the manufacturer of a food... read more

 
ASSESSED LOSS

A loss made by a business which has been accepted as valid by the Receiver of Revenue. Until 2022 100% of assessed losses could be carried forward... read more

 
GOING CONCERN

A profitable business which is expected to be able to continue in business because it has sufficient cash-flow to meet its commitments. It is not... read more

 
SHARE CAPITAL

A figure on the balance sheet representing the amount of money raised by the company through the issue of shares to the public. A company... read more

 
MERGER

This occurs where two or more companies come under the control of one, whose shareholders then become the shareholders of the companies that were... read more

 
CONTROLLING SHAREHOLDER

A shareholder who owns more than 50% of a company's voting share capital and can therefore control the company's activities.

 
REVERSE TAKE OVER

Where one company buys another company, but the value greatly exceeds its net asset value (NAV) and pay for it with shares - so that the company... read more

 
CAUTIONARY ANNOUNCEMENT

This is a publicly advertised announcement made by a listed company to urge shareholders to exercise caution when trading in its shares.... read more

 
PRICE RANGE

The difference between the highest and lowest prices at which a particular share has traded over a certain time period - such as one trading... read more

 
DOT PLOT

A chart which shows the opinion/forecast of each member of the US Federal Open Market Committee (FOMC) concerning the future of the federal funds... read more

 
FEDERAL OPEN MARKET COMMITTEE

The monetary policy making committee of the US Federal Reserve Bank. The Federal Open Market Committee (FOMC) consists of twelve members--the seven members... read more

 
PUBLIC ANNOUNCEMENT

An announcement made by a listed company about an event within the company which may have an impact on its shareholders or the price... read more

 
GOLD AND FOREIGN EXCHANGE CONTINGENCY RESERVE ACCOUNT

The gross gold and foreign exchange contingency reserves account (GFECRA) of the government is published every month. For example, in January 2024... read more

 
RISK PROFILE

The degree of risk that an investor is willing to take for a given potential return. The rule in investment is that risk and return... read more

 
SURPLUS

An economics concept which refers to an excess of government revenue over expenses. Surpluses are very rare among the governments of the world. Most governments... read more

 
CAPITULATION

This is a charting term which refers to the lowest point in a bear trend. It is the point where even the most optimistic of the bulls... read more

 
FLAG

This is a fairly rare charting formation which can occur in a upward trend, downward trend or horizontal where the market enters... read more