 Gold Customer
Joined: 12/5/2004
Posts: 12
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Is there a way of finding out the number of advancing stocks against the number of declining stocks on the NYSE using TC2000?
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Administration
Joined: 9/30/2004
Posts: 9,187
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We don't have the raw numbers but the T2100 advance decline indicator is calculated using NYSE stocks.
T2100 Advance/Decline Line
The Advance Decline Line is a cumulative indicator that is calculated by subtracting the number of declining stocks for the day from the number of advancing stocks for the day. Each day’s calculation is added or subtracted from the previous day’s indicator value.
T2100 is calculated only from NYSE common stocks and based off of percentages. It is calculated from the percentage of advancing stocks minus the percentage of declining stocks, rather than using raw numbers. For example, if 55% of stocks on the NYSE were up today and 30% of stocks on the NYSE were down, the net change today would be 25 (55% - 30%).
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Registered User
Joined: 8/4/2013
Posts: 15
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Hi,
What is the differnec between T2100 and NYSE A/D in other platforms
Today I read that A/D hit all time high in wendsaday and many websites confirm it, but in TC2000 it is completely different chart.
Please clarify it.
Thanks
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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The only differences would be in using percentages in the calculation vs using raw counts in the calculation and possible differences in the list of stocks being used. We use NYSE common stocks that we carry. Other services might use a slightly different list of equities in the calculations.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 8/4/2013
Posts: 15
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tnx
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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