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Mar 11 2006, 12:06 PM
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#1
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Member Group: Traders-Talk User Posts: 5 Joined: 10-March 06 Member No.: 4760 |
Where can I find the value of "relative strength" of a stock?
I need this information to determine if the stock is leading or on momentum! |
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Mar 23 2006, 03:15 PM
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#2
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![]() Member ![]() Group: TT Member* Posts: 2049 Joined: 8-November 03 From: Middle age Member No.: 520 |
I think Investors Business Daily has some of that stuff, and marketwatch.com and stockscores.com have some valuable stuff, even for free.
Doug |
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Mar 23 2006, 06:25 PM
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#3
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![]() Member ![]() Group: TT Member* Posts: 2120 Joined: 12-October 05 From: Colorado Member No.: 4282 |
Go to stockcharts.com
Enter the stock symbol whose relative strength you want to measure. Divide the stock symbol by the S&P 500. You do this by entering the stock symbol, followed by a semicolon, followed by SPX. It'll look like this with Google, for example: GOOG:$SPX. Hit the enter key and take a look at Google's relatvie strength. This post has been edited by Jnavin: Mar 23 2006, 06:26 PM -------------------- |
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Apr 5 2006, 12:54 PM
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#4
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![]() Member Group: Traders-Talk User Posts: 108 Joined: 27-August 03 Member No.: 15 |
Go to stockcharts.com Enter the stock symbol whose relative strength you want to measure. Divide the stock symbol by the S&P 500. You do this by entering the stock symbol, followed by a semicolon, followed by SPX. It'll look like this with Google, for example: GOOG:$SPX. Hit the enter key and take a look at Google's relatvie strength. HI, follwerd the instructions and got a chart of GOOG...but where's the relative strength comparison? [img]http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=goog:$spx,uu[l,a]daclyyay[pc!c!c][vc60][iut]&r=3356.png[/img] -------------------- oh sam I am....sometimes.
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Apr 5 2006, 04:33 PM
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#5
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![]() Member ![]() Group: TT Member* Posts: 2120 Joined: 12-October 05 From: Colorado Member No.: 4282 |
The red line is the ratio, Sam. If it's above the red line, it has better RS than the S&P. If it's below, it has less RS.
When the red line is trending downward, the RS is weakening. When the red line is trending upward, the RS is gaining. There are other ways of measuring it, but this one's simple. It's all you need to know, really, on the subject unless you want to get complicated. -------------------- |
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Apr 6 2006, 10:56 AM
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#6
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![]() Member Group: Traders-Talk User Posts: 108 Joined: 27-August 03 Member No.: 15 |
thanks i really appreciate the info. i'm always learining SOMETHING new here.
-------------------- oh sam I am....sometimes.
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Sep 6 2008, 07:28 AM
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#7
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Member Group: Traders-Talk User Posts: 2 Joined: 28-August 08 Member No.: 7292 |
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