Portfolio Management Software
Overview The Mass Index was designed to identify trend reversals by measuring the narrowing and widening of the range between the high and low prices. As this range widens, the Mass Index increases; as the range narrows the Mass Index decreases. The Mass Index was developed by Donald Dorsey. Interpretation […]
Overview The McClellan Oscillator is a market breadth indicator that is based on the smoothed difference between the number of advancing and declining issues on the New York Stock Exchange. The McClellan Oscillator was developed by Sherman and Marian McClellan. Extensive coverage of the oscillator is provided in their book […]
Overview Quadrant Lines are a series of horizontal lines that divide the highest and lowest values (usually prices) into four equal sections. Interpretation Quadrant Lines are primarily intended to aid in the visual inspection of price movements. They help you see the highest, lowest, and average price during a specified […]
Overview STIX is a short-term trading oscillator that was published in The Polymetric Report. It compares the amount of volume flowing into advancing and declining stocks. Interpretation According to The Polymetric Report: STIX usually ranges between +42 and +58. If STIX gets as low as 45, the market is almost […]
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, […]