Market Data Questions

 
May 20, 2004

Useful Analysis Links

Decision Point Excellent charting and data site run by Carl Swenlin. Some portions of the site require a nominal subscription fee… more
 
Aug 21, 2009

Ratio Adjusted Summation Index

When Sherman and Marian McClellan were developing the McClellan Oscillator and Summation Index in 1969, they used 8 years of historical… more
 
Apr 14, 2009

Differences in Sources of A-D Data

The differences among the various data vendors is both amazing and perpetually frustrating. The NYSE does not provide the calculations of… more
 
Dec 08, 2008

Backwardation and Contango

Backwardation means that forward contracts are priced lower than nearer term contracts, or spot, and when it occurs it is a… more
 
Nov 05, 2008

The Meaning of Minor McClellan Oscillator Changes

To the best of our knowledge, it was the late Kennedy Gammage who came up with this hypothesis and was its… more
 
Jul 11, 2008

Decimalization and its Effect on Breadth Numbers

The standard price increment for stock trading for many years was 1/8 of a point.  The reason for that increment goes… more
 
Apr 14, 2008

Exponential Moving Averages Calculation

If you are running any sort of TA platform, then the 10% Trend and 5% Trend are what others call a… more
 
Nov 09, 2007

Trend Indicator calculation

You pose some good questions about the Trend Indicator. It is a pretty darned good indicator in my experience, although the… more
 
Aug 14, 2007

The Gods Must be Crazy (Amplitudes Changed)

There is not one simple answer to your questions, since there a variety of complex and interrelated forces at work to… more
 
Jul 31, 2007

How McClellan Oscillator moves up on down day

Great question! The answer lies in the calculation of the Oscillator, which is dependent upon the values of the 10% Trend… more
 
Oct 02, 2006

Calculating Indicators in Daily Edition Table

If you are running any sort of TA platform, then the 10% Trend and 5% Trend are what others call a… more
 
Sep 20, 2006

Rydex Asset Numbers

We were among the earliest adopters of using Rydex fund asset levesl as a sentiment indicator. The first person we are… more
 
Aug 01, 2006

Summation Index and Zero

The big table in our Daily Edition shows the values for the McClellan Oscillator and Summation Index as calculated the old… more
 
Jul 14, 2006

Trend Line Touch points

Great question.  My position is that for certain purposes, your thesis about a broken line being invalidated is a proper one. … more
 
Apr 24, 2006

TC2000 Charting Package and Exponential Moving Averages

Most of the competent charting packages will allow you to calculate exponential moving averages (EMAs).  Their terminology is different from ours,… more
 
Apr 20, 2006

Real-time NASDAQ Advance Decline Data

I don't want to be the one to disappoint you, but you will inevitably end up disappointed in this quest.  There… more
 
Apr 16, 2006

A-D Data: Composite, or Operating Companies Only

The question you pose concerns a very interesting issue within the science of technical analysis.  The short answer to your question… more
 
Apr 14, 2006

Calculating the McClellan Oscillator

The McClellan Oscillator and Summation Index were developed by my parents back in 1969.  Calculation of these indicators starts with the… more
 
May 01, 2003

Can the McClellan Oscillator be used for day trading?

Thanks for writing. The short answer is “no”, but that is not the final answer. The McClellan Oscillator is based on… more
 
Jan 04, 1999

Exponential Versus Simple Moving Averages

The formula for converting an exponential moving average (EMA) smoothing constant to a number of days is:    2———- N + 1… more