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Showing posts with the label advanced vs. declined

State of Dow Jones - Calendar Week 41 2021

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State of Dow Jones - Calendar Week 41 2021 Welcome to the second episode of the blog post series "State of Dow Jones", where we look at the leading US stock index from different perspectives and try to determine how solid the current development is. Technical Chart for Dow Jones Every "State of Dow Jones" blog post should start with the technical chart, so here we go (created on tradingview.com): The Dow Jones overcame the old falling highs and the important resistance at 25 000, now trading at 35 294 points. The index is trading above its SMA 20 again and even went into the upper Envelope band. This means the Dow is slightly overheated and it is likely that the index will show a small pull-back before rising again. The RSI is at 60, three trendlines were identified and crossed during the last trading days. The technical chart provides us with enough confidence to say that the correction might be over and the outlook is neutral, or maybe even slightly bullish. Marke

State of DAX - Calendar Week 35

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State of DAX - Calendar Week 35 It is Sunday again and with the end of this calendar week it is time to look back on the last five trading days and determine the "State of DAX". Before we do that, we take a short look on the recently announced stocks which will increse the DAX member count by 10, from DAX30 to DAX40: Airbus SE Zalando SE Siemens Healthineers AG Symrise AG HelloFresh SE Sartorius AG Vz Porsche Automobil Holding Brenntag SE Puma SE Qiagen N.V. The DAX 30 will be trading as the DAX 40 for the first time on September the 20th. Market Breadth for DAX 30   Here is the latest market breadth data for the German stock index DAX30: Market Breadth Data for DAX provided by https://www.advance-decline.net The Advance Decline Line for DAX declined more than the index did, which could be a sign of weakness. It means that probably only few DAX components hold up the flag for this index. The Advanced vs. Declined data was captured within a narrow range, with a breakout on th

End of correction for Nikkei 225?

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End of correction for the Nikkei 225? Technical chart of the Nikkei 225, the leading stock index in Japan Source: tradingview.com The Nikkei 225 has seen several strong days after bouncing from the support level at 27 000. During the last trading days, it looked like the price will stop at the upper border of the Envelopes (see technical chart above). However, there was some tailwind from politics today which led to another strong trading day. In my version of the technical chart, the Nikkei 225 stopped at the limiting trendline. When looking at the Envelopes, the index is now overheated. The next two treading days will show if the Nikkei 225 will keep its momentum and overcome the limiting area. If so, and if confirmed by another candle, the index will have some potential to maybe 30 700 on the middle timeframe. However, with a distance of roughly 5,7% from the SMA 20, it is unlikely that the index will continue at this speed.  Market Breadth Data for Nikkei 225 The Advance Decline fo

NASDAQ 100 - Interesting Monday ahead (29.08.2021)

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NASDAQ 100 - How the new week could start The NASDAQ 100 has delivered. I don't know if we are going to see a new record high every week until the Tapering begins, but the strength of this index is remarkable. While we can not make any predictions for the next months, we still can look how the chances are for the NASDAQ 100 on Monday. NASDAQ 100 Market Breadth Data The NASDAQ 100 market breadth is provided by https://www.advance-decline.net The image above shows the market breadth for the index NASDAQ 100. What you can't see is that the NASDAQ 100 is moving along a rising trend line, starting on 16.02. and touching it on 26.07., 24.08., 25.08 and on last Friday (27.08.). It looks like that the NASDAQ 100 has troubles crossing this trend line, and often the index touches the upper Envelope band, which is usually a sign of overheating. So there are already two limiting factors, and it might take a very strong impulse for the price to overcome those limits. It is more likely that

State of Dax - Calendar Week 34

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State of DAX - Calendar Week 34 Another week has passed and we are looking again at the state of Germany's most important stock index, the DAX (30). I've put the number of index components behind the index name since this number will change soon. During mid September, the DAX will house 40 members and we are prepared to reflect this change in our tools and charts. Nervertheless, we still do have 30 Dax members and we are now ready to check on what we call the "health state" of the DAX. Quick overview: Market Breadth Data for DAX Before digging through the market breadth data and what it means, we shall have a look at our huge chart dashboard, containing the most relevant market breadth indicators for the DAX: Market Breadth for DAX: Deep dive It has been an interesting trading week with only little to gain for the DAX. Despite the seasonality, this index is holding up pretty good and we've seen no big dumps so far. But what does the market breadth data tell us? Ad

NASDAQ 100 with ongoing strength (23.08.2021)

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NASDAQ 100 rising and rising and rising.. NASDAQ 100 unchained! What an incredible run this index had during the last weeks. Some people have been worried about this leading tech index because the FED might announce the end of the money floods during the upcoming days. Despite the upcoming event risk, the index is going upwards, marking a signal of strength.  If you like technical analysis, you might find the current chart appealing aswell.   But what does the market breadth data for Nasdaq 100 tell us? Market Breadth Data for Nasdaq 100, taken from https://www.advance-decline.net   Advanced vs. Declined reached a positive extreme today, so there is a high chance that the index will have only small or no advances during the next trading day at all. The Advance Decline Line for NASDAQ 100 shows no divergence.  The McClellan Oscillator for NASDAQ 100 crossed the zero line today, which provides a buy signal for all cyclical traders with a short-term scope. The McClellan Summation Index f

State of Dax - Calendar Week 33

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State of Dax - Calendar Week 33 Welcome to another episode of my little blog post series about the "State of Dax", this time for the ending calendar week 33. Last week on Sunday I was able to point out that the Dax reached a new all-time. Since then, the Dax lost a few points. So - what's the current health state and what is the outlook for new week? All Market Breadth Data for DAX Let's jump right into the data. Here is the dashboard with the index and the market breadth indicators:   Dissecting the chart dashboard and the market breadth data for DAX Let's try to talk about what we see on the chart dashboard above: Advance Decline Line for DAX: The Avance Decline Line seems to follow the index step-by-step, I see no divergences here, only "harmony" ;)  Advanced vs. Declined for DAX: Since the beginning of August, the net advances tend to move within a small corridor, only undermining the sideways trend we are in McClellan Oscillator for DAX:  After bein

Advance Decline Line: MDAX SDAX TECDAX DAX

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For each German index in my list, I'll give you the Advance Decline Line and the Advanced vs. Declined data. The McClellan Oscillator and the McClellan Summation Index will be published regularly after this trading week. Yay! TecDax Advance Decline Line and Advanced vs. Declined SDAX Advance Decline Line and Advanced vs. Declined MDAX Advance Decline Line and Advanced vs. Declined DAX Advance Decline Line and Advanced vs. Declined

Advance Decline Line for CAC 40 AEX25 Hang Seng IBEX 35 Nikkei 225

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Here is today's simple market breadth data. Simple, because it is "only" the Advance Decline Line and Advanced vs. Declined data for some indices.   AEX 25 Amsterdam Index Advance Decline Line and Advanced vs. Declined CAC 40 Advance Decline Line and Advanced vs. Declined Hang Seng Advance Decline Line and Advanced vs. Declined IBEX 35 Advance Decline Line and Advanced vs. Declined Nikkei 225 Advance Decline Line and Advanced vs. Declined  

State of Dax - Calendar Week 30

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State of Dax - Calendar Week 30 It is weekend again! The last trading month July lies behind us and it is again time for us to take a look at the state of the German stock index DAX. Let's start! The last weeks The last weeks have certainly being interesting. The Dax is in a sideways trend, with almost no gains or losses during July (+0,08%). Seasonal effects surely apply during this summer. Advance Decline Line for Dax, Advanced vs. Declined, McClellan Oscillator and McClellan Summation Index, % of members trading above their SMA50/100/200 As mentioned in previous blog posts, I created a new charting dashboard. It includes all graphs I have in a single interactive dashboard. I can't share this interactive version if you due to missing server resources, but I can export everything as an image. So well, what's the current state? As you can see, the Advance Decline Line shows no divergence with the index. Advanced vs. Declined reached the lower extreme during the last trading

Crypto Index breadth data: BCI 10 Advance Decline and more

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 Here is a snapshot of the market breadth data for BitPandas crypto index BCI 10. Summary, Advance Decline Line and Advanced vs. Declined for BitPanda crypto index BCI 10 McClellan Oscillator and Summation Index for Bitpandas crypto index BCI 10 Index members trading above their SMA50, SMA100 and SMA200 for Bitpandas crypto index BCI 10

Advance Decline Line and McClellan Indicators for Hang Seng and Nikkei 225

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Here is some recent data on the Hang Seng and the Nikkei 225 indices. I'll show you the Advance Decline Line and the Advanced vs. Declined data. The McClellan indicators will be available after the next 7 trading days for Nikkei 225. Huray! Nikkei 225 Advance Decline Line and Advanced vs. Declined Hang Seng Avance Decline Line and Advanced vs. Declined The price decline on the Chinese market is also reflected heavily in the Hang Seng course. The graphs above leave no room for interpretation.

Dax breadth: Members above SMA50, SMA100 and SMA200

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Here is the delayed data for Dax market breadth data, percentage of members above their SMA50, SMA100 and SMA200: Since the Dax declined two days in a row, this market breadth data should be more interesting then I receive the updated data tomorrow. But at the moment this market breadth data shows no warning signs. For the sake of completeness, here is also the Advance Decline Line and the Advanced vs. Declined data for the Dax:

Crypto Advance Decline Line for Crypto Index BCI5 and other Market Breadth Data

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Wow! Some crypto currencies had a very good day. Rumor has it Amazon and Twitter could plan to accept crypto currencies as a payment method. Surely, those rumors need to be taken carefully, though. However, market breadth data is influenced by today's spike in the prices. So - ket's have a look for them. Here is the market breadth data for the crypto index BCI5 from Bitpanda. State of the BCI 5 crypto index Summary Advance Decline Line and Advanced vs. Declined for this crypto index McClellan Oscillator and McClellan Summation Index for this crypto index % of crypto index members above their SMA50, SMA100 and SMA200 Bigger picture: Market breadth data for the last 6 months (selection)   To gain a better impression of what was happening during the last days, I attached a data screenshot of a bigger time frame (6 months). As you can see, the McClellan Summation Index is near the 0 line. This is a good sign for the longer time frame. The McClellan Oscillator, however, went from on

Crypto Advance Decline Line, McClellan Oscillator and more market breadth

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First version of Crypto Market Breadth Indicators and Visualizations added Today I completed the first version of Crypto Market Breadth visualizations. For several crypto currencies, such as Bitcoin or Ethereum, the Advance Decline Line, the McClellan Oscillator and more data was added. Let's start with the BCI5 (Bitpanda Crypto Index 5) crypto index and its market breadth data Version 1 "only" includes the Bitpanda Crypto Index 5 with the following index members: BitCoin Ethereum Binance Coin Dogecoin Polkadot You can view more information about Bitpandas Crypto Index here: https://www.bitpanda.com/en/bci-bitpanda-crypto-index   The following market breadth data was added for the BCI5 (crypto index): Advanced vs. Declined Data for crypto Advance Decline Line for crypto McClellan Oscillator for crypto McClellan Summation Index for crypto % of index members above SMA50 % of index members above SMA100 % of index members above SMA200 Crypto Market Breadth Data (Advance Decli

Advance Decline Line for all indices and more market breadth data

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Market Breadth Data for all major Indices This blog posts contains screenshots of market breadth data for all major indices (at least for those being part of my collection), including Nikkei 225, US indices, German indices and other European indices.   The market breadth data contains mainly the Advance Decline Line, but also the Advanced vs. Declined data. The McClellan Oscillator and McClellan Summation Index will be published aswell, but I need more trading days to collect data and generate the indicators.     AEX 25 Amsterdam Index Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index AEX25 / AEX 25 Amsterdam Index ATX Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index ATX CAC 40 Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index CAC40 DAX Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock inde