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Showing posts with the label mdax

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

TECDAX SDAX and MDAX Advance Decline Line and other market breadth data

 Just a quick reminder that you can view market breadth data, such as TECDAX SDAX MDAX Advance Decline Line TECDAX SDAX MDAX McClellan Oscillator TECDAX SDAX MDAX McClellan Summation Index on our new website for market breadth data . Here are the links so you can directly head over to the relevant chart dashboards: TecDax Market Breadth Data MDAX Market Breadth Data SDAX Market Breadth Data I think especially in this week the market breadth data for TECDAX is very interesting. The index shows a great strength and market breadth data is supporting the current development. 

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

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.

Advance Decline Line for SDAX, MDAX and TECDAX

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Today's Advance Decline Line for SDAX, MDAX and TECDAX Today I am going to publish my self-calculated Advance Decline Line for the German stock indices SDAX, MDAX and TECDAX. As some of you know, I calculate market breadth data on daily basis. I obtain daily-updated stock data from a free and legal source and calculate the breadth indicators on the following indices: DAX SDAX MDAX TECDAX Euro Stoxx 50 NASDAQ 100 Dow Jones S&P 500 Nikkei 225 Today it is time to look at the stock market indices with smaller caps or a technical focus. Today's Advance Decline Line for SDAX   Today's Advance Decline Line for MDAX   Today's Advance Decline Line for TECDAX   A few words on the Advance Decline Line You know it already: The breadth indicator Advance Decline Line helps you to determine the health of a stock index. It shows if a price movement is carried by the broader market or just some big fishes. A divergence on the course of the index and the Advance Decline Line might gi

Market breadth data: Advanced vs. Declined and McClellan indicators

Visualizing the pulse of Financial Markets Welcome to my first post on my new financial blog. It is important to know that everything you read here is just a way of expressing my opinion. Please do not consider it as financial analysis, consulting or buy/sell recommendation. About me and my market observations I do not consider myself a trader or investor. My goal is to find a way to put money into the capital market while reducing risks and anticipating big changes in trends. In my personal investment plan for retirement, ETFs play a huge role. I like passive index fonds because they basically mirror stock indices. Stock indices always represent parts of a market or a whole sector. In contrast to single securities, they represent a bride spectrum of exchange listed companies, and as a "group of stocks" they are less vulnerable to unexpected or extreme price movements. This is why some general rules of analyzing or anticipating price movements apply, and I find it rewarding