Constructed and written by Smartbiz
Intraday Oscillator: Market sentiment was affected by the sharp fall of the Dow and turned cautious today. However, small-caps were active as investors picked up valuable stocks. The Oscillator slid all the way from opening but finished off low at -332.01; lost 116.05 compared to its opening point at -215.97. The Average recorded a loss of 372.62; weakened by 138.44 points compared to -234.48 of the previous session.
MSCD: After today’s market, %K fell deeper to meet %D and the Histogram printed yet another shorter bar in the positive zone.
MSCD data are appended as below:
Conclusion:
MSCD shows the market sentiment continued to have affected by weaker regional markets and turned cautious. However, trend cannot be confirmed as %K and %D are moving at the same level now. Also, so long as %D remains above %A, the uptrend is still in shape.
Hopefully, sentiment will recover once the key index has stabilized.
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
Intraday Oscillator: Market sentiment was affected by the sharp fall of the Dow and turned cautious today. However, small-caps were active as investors picked up valuable stocks. The Oscillator slid all the way from opening but finished off low at -332.01; lost 116.05 compared to its opening point at -215.97. The Average recorded a loss of 372.62; weakened by 138.44 points compared to -234.48 of the previous session.
MSCD: After today’s market, %K fell deeper to meet %D and the Histogram printed yet another shorter bar in the positive zone.
MSCD data are appended as below:
| DATE | A_OSC | %K | %D | %A | HGM |
| 10/16/2012 | 44.48 | -31.19 | -59.03 | -77.12 | 35.95 |
| 10/17/2012 | 195.92 | 3.74 | -40.14 | -67.19 | 37.53 |
| 10/18/2012 | 134.19 | 23.80 | -27.22 | -59.87 | 40.23 |
| 10/19/2012 | -234.18 | -15.88 | -42.56 | -66.21 | 37.52 |
| 10/22/2012 | -372.62 | -70.74 | -67.01 | -77.35 | 29.27 |
| LAST+- | -138.44 | -54.87 | -24.46 | -11.14 | -8.25 |
Conclusion:
MSCD shows the market sentiment continued to have affected by weaker regional markets and turned cautious. However, trend cannot be confirmed as %K and %D are moving at the same level now. Also, so long as %D remains above %A, the uptrend is still in shape.Hopefully, sentiment will recover once the key index has stabilized.
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
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