TAILIEUCHUNG - Technical Analysis from A to Z Part 4

The Demand Index combines price and volume in such a way that it is often a leading indicator of price change. The Demand Index was developed by James Sibbet. Interpretation: Mr. Sibbet defined six "rules" for the Demand Index: 1. A divergence between the Demand Index and prices suggests an approaching weakness in price. | Search OQUIS A REUTERS Company Your shopping cart is empty Purchase Equis Products Online Products Support Events Partners Company Search Tips for Go Technical Analysis from A to Z Preface Acknowledgments Terminology To Learn More PART ONE Introduction to Technical Analysis PART TWO Reference A-C D-L Demand Index Detrended Price Oscillator Directional Movement Dow Theory Ease of Movement Efficient Market Theory Elliott Wave Theory Envelopes Trading Bands Equivolume Candlevolume Fibonacci Studies Four Percent Model Fourier Transform Fundamental Analysis Gann Angles Herrick Payoff Index Interest Rates Kagi Large Block Ratio Linear Regression Lines M-O P-S T-Z Bibliography About the Author Formula Primer User Groups Educational Products Training Partners Related Link Traders Library Investment Bookstore Technical Analysis from A to Z by Steven B. Achelis DEMAND INDEX Overview The Demand Index combines price and volume in such a way that it is often a leading indicator of price change. The Demand Index was developed by James Sibbet. Interpretation Mr. Sibbet defined six rules for the Demand Index 1. A divergence between the Demand Index and prices suggests an approaching weakness in price. 2. Prices often rally to new highs following an extreme peak in the Demand Index the Index is performing as a leading indicator . 3. Higher prices with a lower Demand Index peak usually coincides with an important top the Index is performing as a coincidental indicator . 4. The Demand Index penetrating the level of zero indicates a change in trend the Index is performing as a lagging indicator . 5. When the Demand Index stays near the level of zero for any length of time it usually indicates a weak price movement that will not last long. 6. A large long-term divergence between prices and the Demand Index indicates a major top or bottom. Example The following chart shows Procter Gamble and the Demand Index. A long-term bearish divergence occurred in 1992 as prices rose while

TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.