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Showing posts with the label members above sma200

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

BitPandas Crypto Index BCI 10 - Market Breadth 7th August 2021

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BitPanda Crypto Index BCI10 - Market breadth data as of today (7th August 2021) BitCoin and Ethereum, the two largest members in the BCI10 crypto index from BitPanda, gained more ground during the last 48 hours, thus making it a very interesting weekend for crypto fans and investors. How does the market breadth data reflect the current gains? The Advance Decline Line reflects the end of the recent correction; it is still on the rise Advanced vs. Declined Data obviously has a strong phase; since July the 21th 2021, the graph has spended most time around the value of 10 The McClellan Oscillator reached the highest values since I began to generate market breadth data for this index; currently, this indicator is loosing momentum but it is still positive and above the zero line The McClellan Summation Index passed the 0 line on July the 30th, giving positive signals to cyclical traders and investors The percentage of BCI10 crypo index members trading above their SMA50 began to rise from 0 t

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

Delayed Dax data: Members above SMA200, Advance Decline Line, McClellan Oscillator and McClellan Summation Index for Dax

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I'll hand out some data to the state of DAX although it's the middle of the week. Note that the data is delayed by one trading day, meaning it is from Monday evening. Dax components/members above their SMA200/50/100   Dax McClellan Osciallator and McClellan Summation Index Finally Dax Advance Decline Line and Advanced vs. Declined data     It surely is an interesting trading week!

State of Dax - Calendar Week 28

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State of Dax - Calendar Week 28 Today's post is about the state of Germany's leading stock index, DAX (sometimes also called DAX30 or GER30). We're trying to determine the health of DAX 30 by looking at the DAX Advance Decline Line, Dax McClellan Oscillator, Dax McClellan Summation Index and the Dax members above their SMA50, SMA100 and SMA200.   Dax Advance Decline Line and Advanced vs. Declined The image above shows the historical data of Dax along with the Dax Advance Decline Line and the Advanced vs. Declined graph. Along with the price, the Advance Decline data decreased this week. There is still no warning signal for a big correction since there is no divergence in Advance Decline Line vs. Dax and the Advanced vs. Declined data is still in normal range. At the moment, this looks like the price's movement sticks within the range we've seen during the last 6-7 weeks and the advance decline data follows those upside-downs. However, the current situation should be