 Platinum Customer
Joined: 12/6/2005
Posts: 10
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I was looking through the indexes and found the advancers vs. decliners for several markets (Nasdaq, etc.).
but I also would like to see the up vs. down volume and couldn't find it. All I could find is one index for up volume and another for down volume, but none that compared the 2 in one index. Is that available.
Also, I want it on an intraday time interval. But when I look at the up volume or down volume indexes it only plots a chart on the daily interval, but not intraday. Is that information not available for intraday charts?
Thanks,
mmentors
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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One possibility (albeit not intraday) would be the Cumulative Volume Index.
T2104 Cumulative Volume Index - This indicator is sometimes called up volume/down volume. It is calculated by taking the volume of the advancing issues and subtracting the volume of the declining issues. It is a cumulative indicator, so the value is meaningless. This indicator is interpreted the same way the advance/decline line is interpreted. If it begins to trend down while the averages are trending up, it is a bearish sign. If it begins to trend up while the averages are trending down, it is a bullish sign.
A Price Rate of Change would give you a non-cumulative Value for the day.
Another possibility is to check out StockFinder. You can use the Custom Index feature to create your own version based on any WatchList.
-Bruce
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