Overview The Public Short Ratio (“PSR”) shows the relationship between the number of public short sales and the total number of short sales. (The Public Short Ratio is sometimes referred to as the non-member short ratio.) Interpretation The interpretation of the PSR assumes one premise: that of the short sellers, […]
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Overview In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called candlestick charting. Steven Nison is credited with popularizing candlestick charting and has become recognized as the leading expert on their interpretation. Candlestick charts display the open, high, […]
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Overview The Upside/Downside Ratio shows the relationship between up (advancing) and down (declining) volume. Interpretation When the Upside/Downside Ratio is greater than 1.0, it is showing that there is more volume associated with stocks that are increasing in price than with stocks that are decreasing in price. While discussing advancing/declining […]
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Overview Correlation analysis measures the relationship between two items, for example, a security’s price and an indicator. The resulting value (called the “correlation coefficient”) shows if changes in one item (i.e. an indicator) will result in changes in the other item (i.e. the security’s price). Interpretation When comparing the correlation […]
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