NYSE McClellan Oscillator
“Open” Arms Index Shows Overbought Condition
Years ago, an analyst named Richard Arms wondered what it meant when the stocks going up (or down) traded a greater share of the total volume than the other side. So he created a ratio which now bears his name, the Arms Index, which looks at the A/D ratio versus the Up/Down Volume ratio. The raw formula is as follows:
Advancing Issues / Declining Issues
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Up Volume / Down Volume
It is neutral at 1.0, and readings below about 0.5... Read More
NYSE: 05/23/2013
| Issues | Volume(000s) | ||
| Advances | 1288 | 1463251 | |
|---|---|---|---|
| Declines | 1803 | 2254243 | |
| Difference | -515 | -790992 | |
| 10% Trend | 149 | . 731 | 193320 |
| 5% Trend | 258 | . 120 | 286761 |
| McC OSC | -108 | . 389 | -93441 |
| PRIOR McC OSC | -75 | . 221 | -40797 |
| SUMM Index | 4556 | . 707 | 3708582 |
| PRIOR SUMM Index | 4665 | . 96 | 3802023 |
| A-D for OSC UNCH | 41 | 100 * | |
| A-D for OSC=0 | 2209 | 1969 * | |
| *million shares | |||
| DJIA Close | 15294.50 | ||
| PRIOR Close | 15307.17 | ||
| DJIA CHG | -12.67 | ||
| DOW Price OSC | 217.08 | ||
| PRIOR DOW Price OSC | 218.66 | ||
| Price OSC UNCH'D | 15343.24 | ||
Daily Oscillator Data (.xls)
Extended Data
All of this data, plus a lot more, is available on our Daily Edition along with charts and analysis. See our Market Reports page to get the bigger picture.
Market Breadth Data Notes
- We use WSJ/Barron's data for our final breadth numbers. Calculations made on numbers from other sources will show a slightly different result.
- We wait until late in the day in order to have access to the "final" numbers.
- This reflects final readings for the indicators covered.
- Values for indicators calculated using preliminary numbers released just after the close usually differ slightly from these numbers.
- We usually recommend that readers keep their own data for themselves, but this is a useful way to check and see if your numbers agree with ours.
Starting 3/8/2012:
NYSE Up Volume & Down Volume data will report composite trading volume.
3/7/2012 and before:
Reports NYSE floor trading volume, as has been our long standing practice.