sadisaydam

How to Build a Stock Price Alert Using Python

There can be a million reasons why you would invest in stocks. You want to be rich like Warren Buffet, you want to save up for retirement, or you just don’t want to miss out on the rising stock market ride. 

Whatever your reason might be, you need to be aware of the price of the stock you’re interested in. Here is a simple guide to set up a stock price alert to notify when a stock reaches the price you desire.

Setting up Python on your device (skip if you have it set up already)

If you’re reading this article I will assume that you have Python installed and have your favorite code editor set up. 

If not, here is a great guide to get you started, come back after you review it to follow along. 

Steps to take:

Here are the steps we will be taking to set up our stock price alert using Python.

  • Get API key from Alpha Vantage
  • Import relevant packages
  • Pull the data from Alpha Vantage
  • Picking the relevant data
  • Setting up an email notification
  • Notes

Get API key from Alpha Vantage

Alpha Vantage provides free stock data. They were build to democratize the access to data for the purpose of using in projects such as this. 

Normally you would have to go through a paid service or scrape the data off of Yahoo Finance or another service. 

To pull your data from Alpha Vantage, you will need to receive an API key. Follow this link to their website which looks like this:

Screenshot of https://www.alphavantage.co by the Author

Click on the “Get your free API key today” 

Image credit by Author

Once you fill the little form above, you will be given an API key which will enable you to pull data from Alpha Vantage. Take a note of the API key and let’s jump into our Code editor. 

Import relevant packages

To get started with our project we need to make sure that we have all the relevant packages installed and imported. If you don’t know how to install packages you can learn it from here:

You can also learn more about Python from skillshare. The best part is, if you use my link you will get 2 months of free subscription!

Importing all the necessary packages

import pandas as pd #data manipulation and analysis package
from alpha_vantage.timeseries import TimeSeries #enables data pull from Alpha Vantage
import matplotlib.pyplot as plt #if you want to plot your findings
import time
import smtplib #enables you to send emails

Pulling the data from Alpha Vantage

Here we will use the API key we just obtained from above, on the example below you will find the one I used while building the project initially:

#Getting the data from alpha_vantage

ts = TimeSeries(key='CZK4PSW4EWOIOSUG', output_format='pandas')
data, meta_data = ts.get_intraday(symbol='MSFT',interval='1min', outputsize='full')

On the first line, you are creating a time-series data frame and telling python to have the format as a pandas data frame.

In this case, I have used Microsoft or MSFT but you can use your own stocks. A couple of examples would be:

  • AAPL — Apple
  • AMZN — Amazon
  • FB — Facebook 

If you’re unsure about the ticker of your stock, you can go to Yahoo Finance and type in the company you’re interested in. It will display the stock ticker for you. 

Another input that you can specify is the interval in which you want the program to pull data. I have specified 1min for the interval. A couple of other options include:

  • 1min, 5min, 15min, 30min, 60min

To try and explore more options I recommend you read the Alpha Vantage documentation here.

Picking the right data

Alpha Vantage will by default output the following information for a stock. 

For the purposes of this project, we will only use the close column which indicates the closing price of the stock.

Other columns if you’re interested: open, high, low, close, volume

#We are currently interested in the latest price

close_data = data['4. close'] #The close data column
last_price = close_data[0] #Selecting the last price from the close_data column

#Check if you're getting a correct value
print(last_price)

The output was:$ 220.9 as of Aug 26, 20:00 

Setting up the email notification

Now that we are able to pull the latest prices of the stock we desire. We can set up an stock price alert using our email:

#Set the desired message you want to see once the stock price is at a certain level

sender_email = "[email protected]" #The sender email
rec_email = "[email protected]" #The receiver email
password = ("password")#The password to the sender email
message = "MSFT STOCK ALERT!!! The stock is at above price you set " + "%.6f" % last_price  #The message you want to send

Below we will set up the condition and the trigger that will cause the email to be sent to us when the time is right. 

Let’s assume that you own a bunch of MSFT stock and you want to sell it when the time is right. the target_sell_price variable enables you to set the limit you want. 

For example, if you believe that the stock price is too high right now and want to get out / believe that you have sufficient profits at the $220.00 price level, you can use that limit. It is totally up to you to enter your desired number. 

target_sell_price = 220 #enter the price you want to sell at

if last_price > target_sell_price:
    server = smtplib.SMTP('smtp.gmail.com', 587)
    server.starttls()
    server.login(sender_email, password) #logs into your email account
    print("Login Success")#confirms that you have logged in succesfully
    server.sendmail(sender_email, rec_email, message)#send the email with your custom mesage
    print("Email was sent") #confirms that the email was sent

You’re DONE! If everything went as planned you should expect to find an email like this:

Image credit Author

Here is the full code for your reference:

import pandas as pd #data manipulation and analysis package
from alpha_vantage.timeseries import TimeSeries #enables data pull from Alpha Vantage
import matplotlib.pyplot as plt #if you want to plot your findings
import time
import smtplib #enables you to send emails

#Getting the data from alpha_vantage

ts = TimeSeries(key='CZK4PSW4EWOIOSUG', output_format='pandas')
data, meta_data = ts.get_intraday(symbol='MSFT',interval='1min', outputsize='full')

#We are currently interested in the latest price

close_data = data['4. close'] #The close data column
last_price = close_data[0] #Selecting the last price from the close_data column

#Check if you're getting a correct value
print(last_price)

#Set the desired message you want to see once the stock price is at a certain level

sender_email = "[email protected]" #The sender email
rec_email = "[email protected]" #The receiver email
password = ("password")#The password to the sender email
message = "MSFT STOCK ALERT!!! The stock is at above price you set " + "%.6f" % last_price #The message you want to send

target_sell_price = 220 #enter the price you want to sell at

if last_price > target_sell_price:
    server = smtplib.SMTP('smtp.gmail.com', 587)
    server.starttls()
    server.login(sender_email, password) #logs into your email account
    print("Login Success")#confirms that you have logged in succesfully
    server.sendmail(sender_email, rec_email, message)#send the email with your custom mesage
    print("Email was sent") #confirms that the email was sent

Notes

  • If you copy and paste the full code above DO NOT forget to enter your own email and password information. 
  • Make sure to use your own API key obtained by Alpha Vantage
  • By no means is this a trading or stock investment advice
  • If you get an error saying your password is rejected, you might want to configure the “Less secure apps” settings on (assuming you use a Gmail account) Gmail account here. This will enable your program to access your google account and send an email on your behalf, otherwise, Google will reject the request from your program. 

A couple of improvement ideas

  • You can add more stocks to your tracker and set buy/sell targets
  • You can make the email look better and create an email service (or have fun with your friends. To format your Python emails check this out.
  • You can create more sophisticated indicators such as: change_in_price to seek volatility. 

I hope that this simple walkthrough helps you dip your toes in the water. Even if you’re not a coder I hope you were able to follow through. Happy coding!!

If you’re interested in accelerated learning you can check out How to Learn Anything Faster? A 3 Brain Hack Guide