Charting Archives - ChartAlert®

Sentiment Indicator: Bullish Percent Index

The Bullish Percent Index measures the percentage of stocks in an index that are on Point & Figure Buy Signals; it is a useful tool for gauging the overall strength and direction of the market, as well as identifying potential reversals and opportunities; this feature will be introduced in October 2023

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Bullish Percent Index can be based on P&F Charts or even a Line Chart

Sentiment Indicator: High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index

The High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index, is a technical analysis tool, a relatively simple but effective indicator, that can provide valuable insights into market dynamics and can be used to gauge the overall market sentiment and identify potential trend reversals or trend confirmations; this feature will be introduced in October 2023

1 minute

High-Low Index can be based on P&F Charts or even a Line Chart

Sentiment Indicator: Percent of Stocks above their own 21-day Moving Average Index

The Percent of Stocks above their own xxx Moving Average Index is a market breadth or sentiment indicator that is used to assess the overall health of a stock market or a particular sector within it; it helps gauge the strength of the prevailing trend and identify potential turning points in the market; this feature will be introduced in October 2023

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Percent of Stocks above their own xxx Moving Average Index can be based on P&F Charts or even a Line Chart

Sectoral Rotation (or) Relative Rotational Charts (RRC)

Sectoral Rotation, or Relative Rotational charts, are a powerful visual tool in assessing how different sectors within a portfolio compare in terms of their relative strength and momentum; it’s easier to spot which sectors are getting stronger or weaker compared to a benchmark, thus highlighting possible changes in market leadership and trends in asset performance

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In a future version of ChartAlert, users can look forward to the introduction of “Relative Rotational Charts.”

However, before delving into these innovative charts, it’s worth noting that the essential components for creating them — namely, the “RS-Ratio” and “RS-Momentum” indicators — are all set to debut in October 2023.

Volume Rate of Change (VROC)

The Volume Rate of Change indicator measures changes in trading volume; it assists in confirming trends, spotting possible reversals, and issuing early alerts based on volume analysis; it equips traders to make well-informed decisions and manage risks effectively

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STIX (Short-Term Index) Indicator

The Short-Term Index (STIX) is a valuable tool for traders, offering insights into market breadth, confirming trend strength, and identifying potential reversals . . . By analyzing the ratio of advancing stocks to total stocks, STIX assists traders in making informed decisions, optimizing their entry and exit timings

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Introduction

The Short-Term Index (STIX) serves as a valuable tool in market analysis for assessing the intensity and scope of market trends. It provides valuable insights into whether a majority of stocks in a specific market are moving upwards or downwards, allowing traders and analysts to gauge the overall sentiment.

Arms Index (TRIN) Indicator

Traders use the Arms Index (TRIN) to gain insights into market breadth and momentum, spot potential turning points in the market, with extreme readings on the index indicating potential buying or selling opportunities, thereby making it a useful contrarian indicator

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Introduction

The TRIN, short for “TRading INdex”, and also known as the Arms Index, holds great popularity among traders as a technical analysis tool. Its origins trace back to the early 1960s when Richard Arms, a renowned technical analyst and market commentator, developed it. The primary objective of this indicator is to gauge market breadth, as well as detect overbought and oversold conditions.

Ease of Movement Indicator

The Ease of Movement indicator can be a valuable tool for traders, providing insights into the relationship between price movement and volume, and helping them identify potential trend reversals and confirm breakouts to make more informed trading decisions

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Introduction

The Ease of Movement (EMV) is a crucial tool in technical analysis that gauges how easily prices can move in a particular direction. It considers both price and volume to assess the strength of buying or selling pressure behind price movements. To calculate EMV, the change in price is divided by the volume of shares traded. The resulting value is then smoothed using a 14-day moving average.

Cumulative Volume Index

The Cumulative Volume Index is an indicator designed to identify the presence of buying and selling pressure, spot shifts in market trends and momentum, give you valuable insights into market dynamics, and help you enhance your trading results and gain confidence in your signals

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Introduction

One tool commonly used by traders and analysts to gauge market momentum is the Cumulative Volume Index (CVI). Developed by Donald L. Cassidy, a renowned technical analyst, in the 1960s, this tool tracks the cumulative volume over time.

Commodity Selection Index

The Commodity Selection Index is a tool that traders can use to identify trends in asset markets and make informed trading decisions based on objective signals . . . in conjunction with other analysis tools and market information it can help increase profitability and minimize risk

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Introduction

As a trader or investor, you have a handy tool at your disposal to detect trends in commodity markets. It’s called the Commodity Selection Index (CSI), developed by Welles Wilder, who also created other popular technical analysis indicators like the Relative Strength Index (RSI), Average True Range (ATR), and the Parabolic SAR (Stop and Reverse). Traders widely use the CSI to analyze commodity markets and make informed decisions.