The Market Analysis page provides a unique summary of market, industry and breakout performance for the day. In addition to showing the daily change in five major indexes, we provide some features unavailable elsewhere:
Accumulation/distribution day count over the last twenty days
"Equivolume Charts" of each index showing gain/loss, volume, % of daily volume, accumulation and distribution. Equivolume charts are explained here.
- Index trend signals and the date the signal was issued. Our index trend model is explained here.
- Best perfroming index for the week, 3 months, 6 months and year to date.
- Best performing industry for the day, 1, 3 and 13 weeks
- Most improved industry
- Our proprietary 'M' indicator of market strength. Positive values of M indicate the market is
while negative values indicate the market is under distribution. M
is calculated using a weighted sum of Accumulation Days minus a weighted
sum of Distribution Days. More recent days are given a higher weight.
Industries to Watch
As part of the Market Analysis display, we also include
a summary of the best performing industries and the industries that
are moving to prominence. The industries that are moving up the rankings
may be where the biggest price gains are to found.