Portfolio Management Software
Overview Sto.chas.tic (sto kas’tik) adj. 2. Math. designating a process having an infinite progression of jointly distributed random variables. – Webster’s New World Dictionary The Stochastic Oscillator compares where a security’s price closed relative to its price range over a given time period. Interpretation The Stochastic Oscillator is displayed as two […]
Overview Developed by Welles Wilder, the Swing Index seeks to isolate the “real” price of a security by comparing the relationships between the current prices (i.e., open, high, low, and close) and the previous period’s prices. Interpretation The Swing Index is primarily used as a component of the Accumulation Swing […]
Overview Tirone Levels are a series of horizontal lines that identify support and resistance levels. They were developed by John Tirone. Interpretation Tirone Levels can be drawn using either the Midpoint 1/3-2/3 method or the Mean method. Both methods are intended to help you identify potential support and resistance levels […]
Overview The Total Short Ratio (“TSR”) shows the percentage of short sales to the total volume on the New York Stock Exchange. Interpretation As with the Public Short Ratio, the Total Short Ratio takes the contrarian view that short sellers are usually wrong. While the odd-lotters are typically the worst […]
Overview The Performance indicator displays a security’s price performance as a percentage. This is sometimes called a “normalized” chart. Interpretation The Performance indicator displays the percentage that the security has increased since the first period displayed. For example, if the Performance indicator is 10, it means that the security’s price […]