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Advance/Decline Technical Analysis (Breadth Analysis)
Advance Decline Sentiment Report
Advance/Decline Quotes
Daily Advance/Decline (AD) Sentiment Report -
(100% mechanical)
Advance decline, report, sentiment report, DJI, NYSE, S&P 500, Nasdaq 100, Russell 2000, quotes,
SPX, NDX, advance, decline, quotes, sentiment,
advance decline ratio3 days delay
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S&P 500 |
NASDAQ 100 |
DJI |
Russell 2000 |
NYSE |
S&P 500 Sentiment Report -
3/16/2010
Based on volume and advance/decline indicator of the S&P 500 basket
Previous trading day (3/15/2010) outlook: 61%
Up and 39% Down.
The S&P 500 index advanced 0.78% today.
Advances beat declines by a ratio of almost 23 to 5 (an A/D issues ratio of 4.59). On the volume side, results were higher, generating an A/D volume ratio of 6.50.
The divergence we noted between the AD issues and volume ratios (TRIN = 0.71) suggests that advancing stocks were traded more actively than declining issues. The average volume traded per advancing stock was 79,952.74 M; in contrast, the average volume traded per declining issue reached only 56,443.31 M shares.
The highest A/D issues (5.18) and A/D volume ratios (7.00) were noted around 15:50. By this time, the index had gained about 0.00%.
The session’s data tells us that overall market sentiment on this day was positive;
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Next Day S&P 500 Outlook:
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Up |
56%
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DOWN
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44%
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More Detailed Outlook...
(Next day outlook is 100% mechanically
calculated and is based on index reaction to similar market sentiment
occurrences in history back to 1997)
Copyright © 1997-2010 MarketVolume.com: You may not copy, distribute, transmit, display, perform,
reproduce, publish, license, sublicense, create derivative works from, transfer
or sell any of the Information.
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About Daily AD Report:
- The report is 100% mechanical;
- The outlook is
updated daily after the market close (generally by 17:30 EST);
- The report
is generated for the most popular indexes, including the
NYSE Composite,
DJI, S&P 500, NASDAQ 100, as well as the Russell 2000.
- After the market
close, our system will:
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Automatically collect Advance/Decline data: Number of
advanced and declined issues, advanced and declined volume,
advance/decline volume and issues ratios,
TRIN;
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Perform a historical scan for trading days which
exhibited similar AD data on a closing basis;
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Determine the trend as well as the biggest advances and
declines the following trading day;
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Formulate an outlook for the following trading day based
on similar occurrences using historical AD data.
- The system
analyzes historical data going back to 1997;
- The outlook for
the following trading day is formulated as a percentage - stating a
probability of the market being up or down that day. For instance, an
outlook may state a 60% probability of an up-day versus a 40% probability of
a down-day based on similar AD data in the period between 1997 and the
present.
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QQQQ
Signals
Past 6 Months |
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10%
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20%
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Compound |
Compound
Margin |
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As of 3/19/2010 |
Buy / Sell Trading signals.
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