Constructed and written by Smartbiz
Intraday Oscillator: Market sentiment reversed into negative tone after the break as most regional markets traded lower today. The Oscillator slid to finish off low at -100.32 lost 461.08 compared to its opening point at +360.76. The Average recorded a loss of 0.52; down by 198.63 compared to +198.11 of the previous session.
MSCD: After today’s market, %K moved sideways but the Histogram continued to print a longer bar in the positive zone.
MSCD data are appended as below:
Conclusion: MSCD shows sentiment was hurt by regional weaknesses but the uptrend remains intact. Overall volume decreased slightly but consider as acceptable during a weaker market.
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
Intraday Oscillator: Market sentiment reversed into negative tone after the break as most regional markets traded lower today. The Oscillator slid to finish off low at -100.32 lost 461.08 compared to its opening point at +360.76. The Average recorded a loss of 0.52; down by 198.63 compared to +198.11 of the previous session.
MSCD: After today’s market, %K moved sideways but the Histogram continued to print a longer bar in the positive zone.
MSCD data are appended as below:
DATE | A_OSC | %K | %D | %A | HGM |
10/22/2012 | -372.62 | -70.74 | -67.01 | -85.77 | 29.27 |
10/23/2012 | -114.26 | -77.44 | -70.51 | -86.80 | 22.03 |
10/24/2012 | 80.59 | -53.13 | -59.32 | -80.71 | 18.86 |
10/25/2012 | 198.11 | -14.49 | -40.24 | -70.58 | 20.24 |
10/29/2012 | -0.52 | -12.34 | -37.30 | -68.03 | 21.18 |
LAST+- | -198.63 | 2.15 | 2.94 | 2.55 | 0.94 |
Conclusion: MSCD shows sentiment was hurt by regional weaknesses but the uptrend remains intact. Overall volume decreased slightly but consider as acceptable during a weaker market.
Note: Explanation on Intra-Day MSO and MSCD are archived under "Labels" at the sidebar.
No comments:
Post a Comment