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Showing posts with the label breadth

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 31

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State of Dax - Calendar Week 31 Welcome back to another episode in the "State of Dax" blog post series. The German stock index DAX climbed again, now residing near its alltime high. It will be very interesting to see if this index will beat its own record although August is a weak trading month according to seasonal statistics. But well, let's see - what is the current state of Dax? Advance Decline Line for Dax, Advanced vs. Declined, McClellan Oscillator and McClellan Summation Index, % of members trading above their SMA50/100/200 Again I took a screenshot of my latest charting dashboard, containing all the interesting stuff for this stock index. Let's check every indicator: The Advance Decline Line is almost a perfect mirror of the index; this supports the current price movements Advanced vs. Declined slowly advanced during the last trading days, almost forming a clean upwards trend. Neutral.. McClellan Oscillator for Dax: Above the zero line again, Slightly bulli

BitPandas Crypto index BCI10: Market Breadth Data

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  BitPandas Crypto Index BCI 10 - Market Breadth Market breadth for this little crypto index reflects the strong trading days many crypto currencies have seen during the last two weeks. The Advance Decline Line is higher than it used to be during the last 2 1/2 months. Advanced vs. Declined reached the top level and the McClellan Oscillator + the McClellan Summation Index are positive. The percentage of index members trading above their SMA50 reached 90 percent. The percentage of index members trading above their SMA 100 started to climb to 20%, reaching the highest value since 1/12 months. The percentage of index members trading above their SMA 200 is back at 40%.   

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

Crypto breadth data (Advance Decline Line, McClellan indicators, over SMA 200 data etc.) for (Crypto) Indices

Market breadth data, such as Advance Decline Data, for Crypto currency indices I am currently looking into generating breadth data, such as the Advance Decline Line, Advanced vs. Declined, the McClellan Summation Index, the McClellan Oscillator or "members above SMA50/100/200" for the crypto market. Scouting Crypto indices The first step would be to identify relevant crypto indices for my purpose. This is what I've found so far: S&P Crypto Indices - can't find the components so far (am I blind??) BitPanda Crypto Indices BCI5 (Bitcoin, Ethereum, BNB, Doge, Polkadot) BCI10 (BCI 5 + others) BCI25 (BCI 15 + 15 others) WorldCoinIndex Bloomberg Crypto Indices   Since Bitocin and Ethereum have the largest market cap by far, creating crypto indices doesn't make much sense if you don't have a weight limit for the biggest crypto currencies. But when comparing the prices to the breadth data, such as the Advance Decline Line, one gets a better impression if the crypto

An update on the Nikkei 225 and the McClellan Oscillator or McClellan Summation Index

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I bet some of you can't wait to see the McClellan Oscillator and the McClellan Summation Index data for the Nikkei 225. Just a little more patience, please. I started running calculations on the Nikkei 225 on the 11nd June 2021. It takes at least 39 trading days until the McClellan indicators can be calculated. Useful data will be visible after another week, and after another month, one can start seeing the bigger picture (for a small time frame, though). At the moment, we will have to wait 10 more trading days until the breadth data will be complete for the Nikkei 225.  I could start collecting historical data for all index components and the run my calculations. But unfortunately this would consume too much of my spare time and at the moment I can't do it. If you happen to have some spare time and want to help me with this project feel free to get in touch with me. In the mean time, here is the latest Advance Decline Line and Advanced vs. Declined data for the Nikkei 225 stoc

Advance Decline Line and Advanced vs. Declined Data for Hang Seng and ATX

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Advance Decline Line and Advanced vs. Declined data for Hang Seng stock index  Advance Decline Line and Advanced vs. Declined data for ATX stock index A quick note about the data The charts above show the Advanced vs. Declined data I managed to collect so far for the ATX and the Hang Seng. After a couple of trading days, more data will be collected and finally I will be able to calculate the McClellan Oscillator and the McClellan Summation Index for ATX and Hang Seng. In the mean time, I will continue to give you updates about those two stock indices.

Breadth data for SDAX, MDAX and TECDAX (21.07.2021)

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  Breadth data for SDAX Here is the Advance Decline Line and the Advanced vs. Declined data for the German stock index SDAX:     Breadth data for MDAX Here is the Advance Decline Line and the Advanced vs. Declined data for the German stock index MDAX:       Breadth data for TECDAX Here is the Advance Decline Line and the Advanced vs. Declined data for the German stock index TECDAX: Summary on todays's Advance vs. Decline data For SDAX, MDAX and TECDAX, there was a strong reaction on last trading's day "mini crash". The Advanced vs. Declined data shows a complete turn around. Usually, next trading's day price movements for these indices won't be as strong as they used to be today. This means that tomorrow, we can expect a small positive result for each index. Changes for negative results should be low.

Adding Advance Decline Line data for AEX25, ATX, CAC40, HangSeng, IBEX35, SMI and StoxxEurope600

Adding Advanced vs. Declined and Advance Decline Line Data for new Stock Indices Today I released a new version of my tool set which collects and calculates breadth data for stock indices. The following stock indices were added today: SMI (Swiss) AEX 25 Amsterdam Index (Netherlands) CAC 40 (France) IBEX 35 (Spain) Hang Seng (Hong Kong) Stoxx Europe 600 (Europe)   This means we will soon have Advanced vs. Declined, Advance Decline Line, McClellan Oscillator and McClellan Summation Index data ready for SMI, AEX 35, CAC 40, IBEX 35, the Hang Seng and the Stoxx Europe 600.   Since data collection for those indices started Friday night, it might take a while until useful data can be generated for the stock indices mentioned above. However, we already have a couple of stock indices in our database, which means useful data is already available for those: DAX (Advance Decline Line, McClellan) TECDAX (Advance Decline Line, McClellan) SDAX (Advance Decline Line, McClellan) MDAX (Advance Decline

State of Dax - Calendar Week 27

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  Let's have a look at the biggest stock market index in Germany, the DAX (30) (or sometimes also called GER 30).   What is the state of Dax as of 11.07.2021? There is a small surprise hidden in the data this week.   DAX members above SMA50, SMA100 and SMA 200 Compared to last week, more members are now above their SMA 50, but fewer are above SMA 100. The number of index members above SMA 200 did not change.   Those are still good values, showing that the trend is sideways, but there is no big warn signal regarding bearish scenarios.   Let's see how those values developed during the last 90 days:   Those lines undermine the fact that the positive trend turned into a sideways trend, with fewer index members being on the (fast) rise. But, for the first time since end of April, the amount of index members trading above their SMA 50 has become bigger than the amount of index members trading above their SMA 100. This is a positive signal, however not necessarily a strong one since

Advance Decline Line for Nikkei 225 and Euro Stoxx 50

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 Today I'll publish my data for the Advance Decline Line for Nikkei 225 and Euro Stoxx 50. As you'll see, there are no clear signals besides that this breadth indicator confirms the price movements of each indicator. Let's start with Nikkei 225: Now let's head over to Euro STOXX 50: Interested in the Advance Decline Line for Dax, Dow Jones, MDAX, NASDAQ 100, S&P500, SDAX and TecDax? Drop me a note or simply visit my Patreon page: Breadth data for big stock indices on Patreon by Boersen Klaus