Pivot Point Charts

Pivot point indicator has been added to our charts. Pivot point lines are one of the most used lines in technical analysis to define possible support and resistance levels. As a rule these lines are based on the previous day high, low and close prices and are used for the next trading day.

The basic principle of technical analysis behind Pivot Point Lines is that the index, stock or any other analyzed security has tendency of changing price trend at the Pivot Point support and resistance level.

Chart 1: S&P 500 chart with Pivot Points

SBV Histogram

Once again, MarketVolume® is one step ahead of its competition. Right now, our development team has put the finishing touches on our new Indexes charts. MarketVolume® is the only source of real-time intraday index volume and advance / decline charts for major US indexes and exchanges. Now, we are raising the bar even further. From now on, you can monitor SBV Histogram.

SBV Histogram is an advanced version of the SBV Oscillator.

• Blue Line - SBV Oscillator
• Red Line - EMA (also called the Signal Line) applied to the SBV Oscillator
• Histogram - Difference between the SBV Oscillator and its Signal Line

SBV Histogram applies MACD formula to SBV Oscillator and like the MACD, the SBV Histogram signals may be generated when the histogram crosses the center line (zero line).

15-second updates on our charts

Our 1-day and 2-hour charts were updated twice a minute. We do not provide streaming data simply because all our indicators including volume have to be calculated. Nobody (except us) provides volume for indexes and exchanges and this small delay is a price for complex calculation in real time.

Our developers have implemented the system that allows having 1-day and 2-hour chart periods to be updated every 15 seconds (4 times a minute) on the 1-day and 2-hour charts 1 bar = 1 minute. We believe that it is essential to have these charts updates as often as possible. 5-day, 10-day, 15-day and higher timeframe charts will be updated once a minute (the same as before).

New Technical Indicators

Chaikin Money Flow, Double Stochastics, Bollinger Bandwidth, Bollinger Percent, Bollinger Fibonacci Ratio

Once again, MarketVolume® is one step ahead of the competition. Right now, our development team put the finishing touches on our new Indexes charts. MarketVolume® is the only source of real-time intraday index volume and advance / decline charts for major US indexes and exchanges. Now, we are raising the bar even further. From now on you may monitor Chaikin Money Flow  for U.S. indexes and Exchanges - at the current moment we are the only source of this indicator for indexes.

• Chaikin Money Flow
• Double Stochastics
• Bollinger Bandwidth
• Bollinger Percent
• Bollinger Fibonacci Ratio

Chaikin Money Flow

Like Accumulation Distribution Line and Chaikin Oscillator, the Chaikin Money Flow Oscillator (CMF) is a good representation of the buying and selling pressure. In technical analysis, CMF is considered bullish when it is positive and bearish when it is negative.

Like the majority of other oscillators in technical analysis, Chaikin Money Flow signals can be generated on the divergence and crossovers.

1. Since negative CMF indicates selling pressure (distribution) and positive CMF indicates buying pressure (accumulation), a buy/sell signal could be generated on the crossover of the CMF and center line (zero line).
2. A divergence between price and CMF can also be used to generate signals. A situation in which the price reaches new lows and the Chaikin Money Flow Oscillator does not achieve a new low or begin to move up, could be considered to be Bullish divergence when the selling pressure begins to stop and buying pressure begins to grow. This indicates change in the market sentiment and a possible reversal upward. Controversy, periods when the price makes a new high and the Chaikin Money Flow Oscillator does not make a new high or has started to move down could indicate changes in bullish sentiment toward a bearish mood. Such a divergence can be used to consider selling.

Double Stochastics

From the chart below you can see that Stochastics and Double Stochastics lines move in the same pattern most of the time. However, the Double Stochastics moves more dynamically by spending less time in the middle area (between 20% and 80%).

The Double Stochastic Oscillator can be analyzed in the same way as other Stochastic Oscillators. It oscillates between 0 and 100% and was developed to locate the recent close in relation to the high/low range. As in the case of the original Stochastic Oscillators, technical analysis states that, in rising markets (bullish markets), Double Stochastics moves close to 100% (above 80%) and in declining markets (bearish markets), the Double Stochastics tends to move closer to 0% (below 20%).

Bollinger Bandwidth

The Bollinger Bandwidth can be used to identify "the Squeeze" - when the Bandwidth is at its lowest low value within n-periods. Bollinger states that Squeeze could occur before a trend reversal, like "the calm before the storm". In this case, trading Buy/Sell signals can be generated on the price breakouts following the Squeeze.

Bollinger Percent

The Bollinger Percent calculates the current price location relative to the upper and lower Bands. As an example

• A Bollinger Percent reading of 50% means that the current price is exactly at the middle band;
• When the Bollinger Percent hits 100%, it means that the price is at the upper band level;
•  When the Bollinger Percent drops to 0%, it tells us that the current price has dropped to the lower band level;
•  Readings above 100% reveal that the price is moving above the upper band;
•  Readings below 0% show that the current price has dropped below the lower band.

 

Bollinger Fibonacci Ratio

The Fibonacci Bollinger Bands indicator is similar to the standard Bollinger Bands indicator, which was developed by John Bollinger. The Fibonacci Bands are based on the same principles as Bollinger Bands by building upper and lower bands on the stock's volatility, but using Wilders Smoothed ATR (Average True Range) instead of using the Standard Deviation.

More Studies Coming

Stay with us - And always get the latest in technical market analysis!

New Indexes

We are enhancing our services and adding new indices to our charts...

NASDAQ Transportation (^IXTR)
NASDAQ Biotechnology (^NBI)
NASDAQ Industrial (^IXID)
NASDAQ Computer (^IXK)

Once again, MarketVolume® is one step ahead of the competition. Right now, we have added new indexes to our charts. MarketVolume® is the only source of real-time intraday index volume and advance / decline, SBV, MVO charts for major US indexes and exchanges.

Now, we are raising the bar even further. From now on, our subscribers may apply volume and advance decline based technical indicators to Dow Jones Composite Averages, NASDAQ Transportation, NASDAQ Biotechnology, NASDAQ Industrial and NASDAQ Computer indexes and track sentiment changes in these market sectors. At the current moment we are the only source of these studies for these indexes.

In order to properly load new chart version, some web browsers may require you to refresh cache memory on your computer (use the Ctr-F5 button before and after login).

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NASDAQ Transportation

The NASDAQ Transportation Index has been introduced on February 5, 1971 contains covers Transportation and Airlines (delivery services, marine transportation, railroads, transportation services, trucking, and airlines) NASDAQ-listed public companies.

NASDAQ Biotechnology

The NASDAQ Biotechnology Index covers Biotechnology or Pharmaceuticals public companies listed and traded on the NASDAQ Stock Exchange. This index was introduced on November 1, 1993 with a base of 200.00 and reflect the sentiment in the biotechnology market sector.

NASDAQ Industrial

The NASDAQ Industrial Index was lunched on February 5, 1971 with a base of 100.00. This index cover the NASDAQ-listed companies which are not included in other NASDAQ sector indexes: oil and gas productions, oil equipment, forestry and paper, services & distribution, construction and materials, aerospace and defence, general industrials, chemicals, industrial metals, industrial engineering, automobiles and parts, mining, electronic and electrical equipment, beverages, food producers, household goods, leisure goods, personal goods, general retailers, media, support services, hotels, recreational services, gambling, restaurants and bars, tobacco, food and drug retailers, travel & tourism, electricity, gas distribution, water, and multi-utilities.

NASDAQ Computer

The NASDAQ Computer Index covers public companies listed and traded on the NASDAQ Stock Exchange from the Technology industry with exception of the Telecommunications Equipment companies. This index includes computer service, internet, software, computer hardware, electronic office equipment, and semiconductors companies. The NASDAQ Computer Index was introduced on November 1, 1993 with a base of 200.00.

Stay with us - And always get the latest in technical market analysis!

Technical Studies

At the current moment we are working on adding following technical studies to the list of studies on our charts:

Average True Range (ATR) - ATR was developed by J. Welles Wilder to measure a security's volatility. As such, the indicator does not provide an indication of price direction or duration, simply the degree of price movement or volatility. This indicator could be used to define the market stages when the security price is highly volatile from the periods when the price does not make sudden and fast movement. By having this knowledge a trader may adjust the personal trading indicators to react faster on market trend changes or to generate signals with some delay respectively.

On Balance Volume (OBV) - OBV indicator was created by Joe Granville to measure positive and negative volume flow. OBV is calculated by adding a period's volume when the close is up and by subtracting the period's volume when the close is down. A cumulative total of the volume additions and subtractions forms the OBV line.

Percentage Price Oscillator (PPO) - The Percentage Price Oscillator calculation are similar to the PVO (Percentage Volume Oscillator) with the difference that the formula is applied to the price moving averages instead of volume moving averages. The PPO formula subtracts the longer moving average from the shorter moving average and then divides the result by the longer moving average.