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Showing posts with the label NIFTY indices

Crypto Market Barometer released on advance-decline.net

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  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website https://www.advance-decline.net. Click here to get to the new Crypto Market Barometer. This is how the main chart looks like: What's behind the new Crypto Market Barometer We believe that one simple but effective method of gauging the health of a market is to look at how many of the most important individual assets trade above their important SMAs. Since SMAs are a proven way of determining the current trend, a market must be in an uptrend, if more than 50% of its biggest assets trade above their long-term SMAs. If they trade below their long-term SMAs, they must be in a downtrend. For the crypto market, I decided to check the popular BitPanda Crypto Index BCI10. It contains the 10 biggest crypto currencies by market capitalization, and frankly, by only looking at BitCoin, Ethereum, Polkadot and maybe Binance, we already have most of the market covered (again, in

NIFTY: Market Breadth Data added for six NIFTY indices

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NIFTY stock indices from India: Market Breadth Data for six NIFTY stock indices added to our collection   With great pleasure we announce that we managed to add six stock indices from India to our collection. You can find them on our website for market breadth data (see screenshot above). What market breadth data we'll provide for the NIFTY indices We added six of the NIFTY indices, and for all of them we aim to provide the same relevant market breadth data: NIFTY 50 Advance Decline Line for NIFTY 50 Advanced vs. Declined for NIFTY 50 McClellan Oscillator for NIFTY 50 McClellan Summation Index for NIFTY 50 NIFTY 100 Advance Decline Line for NIFTY 100 Advanced vs. Declined for NIFTY 100 McClellan Oscillator for NIFTY 100 McClellan Summation Index for NIFTY 100 NIFTY 500 Advance Decline Line for NIFTY 500 Advanced vs. Declined for NIFTY 500 McClellan Oscillator for NIFTY 500 McClellan Summation Index for NIFTY 50 NIFTY NEXT 50 Advance Decline Line for NIFTY NEXT 50 Advanced vs. Dec