Overview Each week a poll of investment advisors is taken and published by Investor’s Intelligence of New Rochelle, New York. Investment advisors are tracked as to whether they are bullish, bearish, or neutral on the stock market. The Bull/Bear Ratio shows the relationship between the bullish and bearish advisors. Interpretation […]
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Overview The Breadth Thrust indicator is a market momentum indicator. It was developed by Dr. Martin Zweig. The Breadth Thrust is calculated by dividing a 10-day exponential moving average of the number of advancing issues, by the number of advancing plus declining issues. Interpretation A “Breadth Thrust” occurs when, during […]
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Overview Bollinger Bands are similar to moving average envelopes. The difference between Bollinger Bands® and envelopes is envelopes are plotted at a fixed percentage above and below a moving average, whereas Bollinger Bands are plotted at standard deviation levels above and below a moving average. Since standard deviation is a […]
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Overview The Average True Range (“ATR”) is a measure of volatility. It was introduced by Welles Wilder in his book, New Concepts in Technical Trading Systems, and has since been used as a component of many indicators and trading systems. Interpretation Wilder has found that high ATR values often occur […]
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Overview The Arms Index is a market indicator that shows the relationship between the number of stocks that increase or decrease in price (advancing/declining issues) and the volume associated with stocks that increase or decrease in price (advancing/declining volume). It is calculated by dividing the Advance/Decline Ratio by the Upside/Downside […]
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