ChartSchool market_indicators
https://school.stockcharts.com/
2020-08-05T08:00:35+0000ChartSchool
https://school.stockcharts.com/
https://school.stockcharts.com/lib/tpl/scc2/images/favicon.icotext/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Advance-Decline Line
https://school.stockcharts.com/doku.php?id=market_indicators:ad_line&rev=1561405138&do=diff
Advance-Decline Line
Introduction
The Advance-Decline Line (AD Line) is a breadth indicator based on Net Advances, which is the number of advancing stocks less the number of declining stocks. Net Advances is positive when advances exceed declines and negative when declines exceed advances. The AD Line is a cumulative measure of Net Advances, rising when it is positive and falling when it is negative. Chartists can use Net Advances to plot the AD Line for the index and compare it to the perform…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Advance-Decline Percent
https://school.stockcharts.com/doku.php?id=market_indicators:ad_percent&rev=1561405138&do=diff
Advance-Decline Percent
Introduction
Advance-Decline Percent is a breadth indicator that measures the percentage of Net Advances. After the market close, StockCharts.com calculates this indicator for the nine sector SPDRs and several index ETFs. Chartists can use this versatile breadth indicator to create a breadth oscillator or AD Line. These indicators can then complement the analysis of the underlying security. For example, the AD Line based on AD Percent for the Technology SPDR (XLK) would…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Advance-Decline Volume Line
https://school.stockcharts.com/doku.php?id=market_indicators:ad_vol_line&rev=1561405138&do=diff
Advance-Decline Volume Line
Introduction
The Advance-Decline Volume Line (AD Volume Line) is a breadth indicator based on Net Advancing Volume, which is the volume of advancing stocks less the volume of declining stocks. Net Advancing Volume is positive when advancing volume exceeds declining volume and negative when declining volume exceeds advancing volume. The AD Volume Line is a cumulative measure of Net Advancing Volume, rising when Net Advancing Volume is positive and falling when it is …text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Advance-Decline Volume Percent
https://school.stockcharts.com/doku.php?id=market_indicators:ad_vol_percent&rev=1561405138&do=diff
Advance-Decline Volume Percent
Introduction
Advance-Decline Volume Percent is a breadth indicator that measures the percentage of Net Advancing Volume. After the market close, StockCharts.com calculates this indicator for the nine sector SPDRs and several indexes. AD Volume Percent forms the basis for a breadth oscillator or the AD Volume Line. These indicators can then complement the analysis of the underlying security. For example, the AD Volume Line based on AD Volume Percent for the Consum…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Arms Index (TRIN)
https://school.stockcharts.com/doku.php?id=market_indicators:arms_index&rev=1561405138&do=diff
Arms Index (TRIN)
Introduction
Also known as the TRIN or Short-Term TRading INdex, the Arms Index is a breadth indicator developed by Richard W. Arms in 1967. The index is calculated by dividing the Advance-Decline Ratio by the Advance-Decline Volume Ratio. Typically, these breadth statistics are derived from NYSE or Nasdaq data, but the Arms Index can be calculated using breadth statistics from other indices such as the S&P 500 or Nasdaq 100. Because it acts as an oscillator, the indicator is…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Bullish Percent Index
https://school.stockcharts.com/doku.php?id=market_indicators:bullish_percent_index&rev=1561405138&do=diff
Bullish Percent Index
Introduction
The Bullish Percent Index (BPI) is a breadth indicator based on the number of stocks on Point & Figure Buy Signals within an index. Developed by Abe Cohen in the mid-1950s, the Bullish Percent Index was originally applied to NYSE stocks. Cohen was the first editor of ChartCraft, which later became Investors Intelligence. BPI signals were further refined by Earl Blumenthal in the mid 70's and Mike Burke in the early 80's. Because a stock is either on a P&F Buy…text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)DecisionPoint Intermediate-Term Breadth Momentum Oscillator (ITBM)
https://school.stockcharts.com/doku.php?id=market_indicators:dpitbm&rev=1561405137&do=diff
DecisionPoint Intermediate-Term Breadth Momentum Oscillator (ITBM)
Introduction
The Intermediate-Term Breadth Momentum Oscillator (ITBM) was developed by Carl Swenlin to add a new perspective to the interpretation of the McClellan Oscillator. The Ratio-Adjusted version of the McClellan Oscillator is used for calculating this indicator.text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)DecisionPoint Intermediate-Term Volume Momentum Oscillator (ITVM)
https://school.stockcharts.com/doku.php?id=market_indicators:dpitvm&rev=1561405138&do=diff
DecisionPoint Intermediate-Term Volume Momentum Oscillator (ITVM)
Introduction
The Intermediate-Term Volume Momentum Oscillator (ITVM) was developed by Carl Swenlin to give a new perspective of volume similar to that offered by the ITBM (IT Breadth Momentum) Oscillator on breadth.text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)DecisionPoint Swenlin Trading Oscillator (STO)
https://school.stockcharts.com/doku.php?id=market_indicators:dpsto&rev=1561405137&do=diff
DecisionPoint Swenlin Trading Oscillator (STO)
Introduction
Developed by Carl Swenlin, the Swenlin Trading Oscillator (STO) is an overbought/oversold indicator that can assist in identifying short-term tops and bottoms. There are two versions, one using advances and declines (STO-B), and one using advancing and declining volume (STO-V). Since the calculation is based on the number of advancers and decliners, it is only appropriate to calculate on an index.text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)High-Low Index
https://school.stockcharts.com/doku.php?id=market_indicators:high_low_index&rev=1561405137&do=diff
High-Low Index
Introduction
The High-Low Index is a breadth indicator based on Record High Percent, which is based on new 52-week highs and new 52-week lows. The Record High Percent equals new highs divided by new highs plus new lows. The High-Low Index is simply a 10-day SMA of the Record High Percent, which makes it a smoothed version of the Record High Percent. This article will explain how to identify the direction of the High-Low Index and how to use the absolute level to define a trading…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)High-Low Percent
https://school.stockcharts.com/doku.php?id=market_indicators:high_low_percent&rev=1561405138&do=diff
High-Low Percent
Introduction
High-Low Percent is a breadth indicator that measures the percentage of Net New Highs. After the market close, StockCharts.com calculates this indicator for the nine sector SPDRs and several indexes. High-Low Percent can be plotted on its own or used to create the High-Low Line. These indicators can then complement the analysis of the underlying security. For example, the High-Low Line based on High-Low Percent for the Technology SPDR (XLK) would complement the an…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Introduction to Market Indicators
https://school.stockcharts.com/doku.php?id=market_indicators:introduction_to_market_indicators&rev=1561405138&do=diff
Introduction to Market Indicators
Market Indicators are used to measure the health of a group of related stocks, usually by measuring group participation in a trend. The group can be the members of a broad index, a specific sector, or even an entire market.text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)McClellan Oscillator
https://school.stockcharts.com/doku.php?id=market_indicators:mcclellan_oscillator&rev=1561405137&do=diff
McClellan Oscillator
Introduction
Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, which is the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator. As the formula reveals, the McClellan Oscillator is a momentum indicator that works similar totext/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)McClellan Summation Index
https://school.stockcharts.com/doku.php?id=market_indicators:mcclellan_summation&rev=1561405137&do=diff
McClellan Summation Index
Introduction
Developed by Sherman and Marian McClellan, the McClellan Summation Index is a breadth indicator derived from the McClellan Oscillator, which is a breadth indicator based on Net Advances (advancing issues less declining issues). The Summation Index is simply a running total of the McClellan Oscillator values. Even though it is called a Summation Index, the indicator is really an oscillator that fluctuates above and below the zero line. As such, signals can…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Market Indicator Dictionary
https://school.stockcharts.com/doku.php?id=market_indicators:mkt_ind_dictionary&rev=1561405138&do=diff
Market Indicator Dictionary
Market Indicators (as opposed to “technical” indicators) are index symbols that contain calculated values which measure the health of a specified group of stocks. An example of a market indicator is the NYSE New 52-Week Highs Index ($NYHGH), which contains daily totals of NYSE-traded stocks that have set a new 52-week high as of the specified date.text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Net New 52-Week Highs
https://school.stockcharts.com/doku.php?id=market_indicators:net_new_highs&rev=1561405138&do=diff
Net New 52-Week Highs
Introduction
Net New 52-Week Highs is a simple breadth indicator found by subtracting new lows from new highs. “New lows” is the number of stocks recording new 52-week lows. “New highs” is the number of stocks making new 52-week highs. This indicator provides an immediate score for internal strength or weakness in the market. There are more new highs when the indicator is positive, which favors the bulls. There are more new lows when the indicator is negative, which favor…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Percent Above Moving Average
https://school.stockcharts.com/doku.php?id=market_indicators:percent_above_ma&rev=1561405138&do=diff
Percent Above Moving Average
Introduction
The percentage of stocks trading above a specific moving average is a breadth indicator that measures internal strength or weakness in the underlying index. The 50-day moving average is used for short-to-medium-term timeframes, while the 150-day and 200-day moving averages are used for medium-to-long-term timeframes. Signals can be derived from overbought/oversold levels, crosses above/below 50% and bullish/bearish divergences. The indicator is availab…text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Pring's Bottom Fisher
https://school.stockcharts.com/doku.php?id=market_indicators:prings_bottom_fisher&rev=1561405138&do=diff
Pring's Bottom Fisher
The Pring Bottom Fisher (!PRBFISH) is a Market Indicator that helps identify bottoms in the US stock market. Here is Martin Pring's description of this indicator:
----------
It's a fairly obvious statement to say that the greatest potential for any market develops just after it reaches its low. For a market average or any series that contains a number of constituents, this occurs when the momentum of those components in aggregate moves from a declining trend below zero t…text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)Pring's Diffusion Indicators
https://school.stockcharts.com/doku.php?id=market_indicators:prings_diffusion_indicators&rev=1561405137&do=diff
Pring's Diffusion Indicators
Created by Martin Pring, Diffusion Indicators take a basket of securities and create an oscillator that shows how many of those securities are in a positive trend - typically the percent of symbols that are above a given moving average. The shorter the period of the moving average used, the more volatile the resulting oscillator becomes.text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Pring's Inflation and Deflation Indexes
https://school.stockcharts.com/doku.php?id=market_indicators:prings_inflation_deflation&rev=1561405138&do=diff
Pring's Inflation and Deflation Indexes
Developed and maintained by Martin Pring, the Pring Inflation and Deflation Indexes (!PRII and !PRDI) seek to replicate a group of stocks that are sensitive to inflationary and deflationary conditions. Individual industry groups can be affected by abnormal situations over a specific cycle, which is why several groups are combined into one index. In this way, distortions affecting a single industry can be minimized.text/html2019-06-24T19:38:58+0000Anonymous (anonymous@undisclosed.example.com)Pring's Net New High Indicators
https://school.stockcharts.com/doku.php?id=market_indicators:prings_net_new_high&rev=1561405138&do=diff
Pring's Net New High Indicators
Developed by Martin Pring, these 4 market indicators measure the strength of three different market segments - Commodities, Bonds, and a Global collection of different countries. Each of the indicators is discussed below.text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)Put/Call Ratio
https://school.stockcharts.com/doku.php?id=market_indicators:put_call_ratio&rev=1561405137&do=diff
Put/Call Ratio
Introduction
The Put/Call Ratio is an indicator that shows put volume relative to call volume. Put options are used to hedge against market weakness or bet on a decline. Call options are used to hedge against market strength or bet on an advance. The Put/Call Ratio is above 1 when put volume exceeds call volume and below 1 when call volume exceeds put volume. Typically, this indicator is used to gauge market sentiment. Sentiment is deemed excessively bearish when the Put/Call Ra…text/html2019-06-24T19:38:57+0000Anonymous (anonymous@undisclosed.example.com)Record High Percent
https://school.stockcharts.com/doku.php?id=market_indicators:record_high_percent&rev=1561405137&do=diff
Record High Percent
Introduction
Record High Percent is a breadth indicator based on new highs and new lows. New highs are the number of stocks recording new 52-week highs. New lows are the number of stocks recording new 52-week lows. The indicator is derived by dividing the number of new highs by the number of new highs plus new lows. This ratio shows new highs relative to the total (new highs plus new lows). Like all breadth indicators, Record High Percent is a measure of underlying strength…text/html2019-10-07T20:25:09+0000Anonymous (anonymous@undisclosed.example.com)Volatility Indices
https://school.stockcharts.com/doku.php?id=market_indicators:volatility_indices&rev=1570479909&do=diff
Volatility Indices
Introduction
The volatility indices measure the implied volatility for a basket of put and call options related to a specific index or ETF. The most popular one is the CBOE Volatility Index ($VIX), which measures the implied volatility for a basket of out-of-the-money put and call options for the S&P 500. Specifically, the VIX is designed to measure the expected 30-day volatility for the S&P 500. The Chicago Board Options Exchange (CBOE) calculates volatility indices for a n…