Technical Indicators

ON-BALANCE VOLUME A price-volume relationship. Based on a cumulative volume, the on-balance volume relates price and volume in the stock […]

MONEY FLOW Price times volume Money flow approximates the dollar value of a certain day’s trading. The formula is price

TRIX INDICATOR Price times volume The Trix Indicator (TI) shows the slope of a triple-smoothed exponential moving average. The term

STOCHASTIC OSCILLATOR (SO) A momentum indicator that uses support and resistance levels Calculations Dr. George Lane promoted this indicator in

RELATIVE STRENGTH INDEX (RSI) a momentum oscillator J. Welles Wider developed the RSI and published it in a 1978 book,

PARABOLIC SAR (PS) used to find trends in market prices and securities J. Welles Wilder Jr. devised the Parabolic Stop

MOVING AVERAGE CONVERGENCE/DIVERGENCE (MACD) a lagging indicator that is also a form of Absolute Price Oscillator Definitions Gerald Appel developed

COMMODITY CHANNEL INDEX (CCI) used in identifying cyclical trends in commodities, equities and currencies Donald Lambert introduced the CCI (an

AVERAGE DIRECTIONAL INDEX (ADX) an indicator of trend strength J. Welles Wilder created the Average Directional Index in 1978 as

ADVANCE DECLINE LINE (ADL) measures the number of individual stocks participating in a market rise or fall Definition The ADL

ACCUMULATION/DISTRIBUTION INDEX (ADI) A cumulative total volume analysis indicator Marc Chaikin created the ADI as a cumulative total volume technical