+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: Stan Weinstein's Stage Analysis and Market Breadth - Technical Analysis (/Thread-Stan-Weinstein-s-Stage-Analysis-and-Market-Breadth-Technical-Analysis)
Pages:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
RE: Market Breadth Extra - isatrader - 2015-07-07
(2015-07-07, 07:50 AM)pcabc Wrote: Looking at the advance decline line I've plotted it appears that a long trendline has been violated. I wonder if others can corroborate as I've not carried out any testing of these charts?
I prefer moving averages to trendlines personally. So attached is a weekly chart of the NYSE Advance Decline Chart with a one year moving average (52 week) instead of the trendline.
RE: Market Breadth Extra - pcabc - 2015-07-07
(2015-07-07, 08:04 AM)isatrader Wrote: I prefer moving averages to trendlines personally. So attached is a weekly chart of the NYSE Advance Decline Chart with a one year moving average (52 week) instead of the trendline.
Thanks. Some trend-lines can be a bit arbitrary so I can see your point. However, the choice of MA period could also be argued to be arbitrary... Anyway, thanks, interesting comparison.
RE: Market Breadth Extra - pcabc - 2015-07-19
A few charts. Not thoroughly tested so look at them with caution. I wonder if anyone has any views. I suspect we might be climbing out of a largish pullback / week period but market breadth is not my forte.
Dow Jones Industrials versus NTSE breadth. The one from the book. Advance / decline just below its SMA50 but above SMA200 & SMA260. Momentum seems to be dropping but is above the zero line. New highs - new lows seems to be capped by a trendline but that line might be tenuous? Cummulative new highs - new lows is on its 100 day moving average.
NASDAQ composite / NASDAQ breadth. Apparenly advance / deline lines tend to fall on this exchange owing to companies going out of business. Advance / decline falling slightly. Momentum appears to be increasing above zero very slowly. Cumulative new-highs minus new-lows is above its SMA100.
AMEX has looked bearish for quite a while. Not sure of the utility of the plot.
For the FTSE I have calculated the advances / declines and new highs and new lows myself. Not sure of the accuracy of the data. The FTSE100 looks like it has failed stage 2. However, the advance decline still looks bullish, no divergence. Momentum well above zero. New highs - new lows looks posative and is above zero. Cummulative version of new highs - new lows is above its SMA100. I wonder how accurate the new high and low data is, it looks strongly over the new high side even though the index seems to not have a strong upward direction.
RE: Market Breadth Extra - JimStudent - 2015-07-20
(2015-07-19, 06:57 PM)pcabc Wrote: A few charts. Not thoroughly tested so look at them with caution. I wonder if anyone has any views. ....
Thanks PCABC, I appreciate the charts.
I don't know if anyone is interested but I have been following a financial counselor from Atlanta, Ga. Chris Ciovacco. Every weekend Chris Ciovacco puts out a you tube video about the markets "weight of the evidence".
https://www.youtube.com/channel/UC_ywfvIR2JrnMuZt33y7QYQ
I find it an interesting.
RE: Market Breadth Extra - malaguti - 2015-07-20
(2015-07-20, 02:55 AM)JimStudent Wrote:(2015-07-19, 06:57 PM)pcabc Wrote: A few charts. Not thoroughly tested so look at them with caution. I wonder if anyone has any views. ....
Thanks PCABC, I appreciate the charts.
I don't know if anyone is interested but I have been following a financial counselor from Atlanta, Ga. Chris Ciovacco. Every weekend Chris Ciovacco puts out a you tube video about the markets "weight of the evidence".
https://www.youtube.com/channel/UC_ywfvIR2JrnMuZt33y7QYQ
I find it an interesting.
Thanks for that Jim. I'm trying to get more into market breadth and he does put the topic into perspective really well. Unlike US unfortunately there is no FTSE symbols for advancing/declining etc which is a real shame!
RE: Market Breadth Extra - pcabc - 2015-07-20
(2015-07-20, 07:59 AM)malaguti Wrote: Thanks for that Jim. I'm trying to get more into market breadth and he does put the topic into perspective really well. Unlike US unfortunately there is no FTSE symbols for advancing/declining etc which is a real shame!
Are there symbols for that info from any particular source such as Yahoo or Google?
I ended up pulling the data for the whole FTSE350 into a database and calculating advances and declining issues and new highs and lows myself. Since it is not my day job I've not tested it to any degree.
I found I've had to make my own plots to get a foothold on understanding what is going on.
RE: Market Breadth Extra - malaguti - 2015-07-20
(2015-07-20, 07:26 PM)pcabc Wrote:(2015-07-20, 07:59 AM)malaguti Wrote: Thanks for that Jim. I'm trying to get more into market breadth and he does put the topic into perspective really well. Unlike US unfortunately there is no FTSE symbols for advancing/declining etc which is a real shame!
Are there symbols for that info from any particular source such as Yahoo or Google?
I ended up pulling the data for the whole FTSE350 into a database and calculating advances and declining issues and new highs and lows myself. Since it is not my day job I've not tested it to any degree.
I found I've had to make my own plots to get a foothold on understanding what is going on.
there are symbols but only for the US. I've checked for other markets and can find nothing unfortunately, I'm probably going to have to do the same as you and automate it somehow. It shouldn't be impossible, just very annoying
RE: Market Breadth Extra - pcabc - 2015-07-20
(2015-07-20, 09:09 PM)malaguti Wrote: there are symbols but only for the US. I've checked for other markets and can find nothing unfortunately, I'm probably going to have to do the same as you and automate it somehow. It shouldn't be impossible, just very annoying
Only seen them on stockcharts.com or wherever, or daily only on Yahoo, not downloadable historic data. I've been looking at data from http://unicorn.us.com/advdec/ for US data. I've built my own database based screener so was already fetching data, so it was only an add-on to calculate FTSE350 but it still hoovered up hours of time.