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Typical Price
In financial trading, typical price (sometimes called the pivot point) refers to the arithmetic average of the high, low, and closing prices for a given period. \text = \frac For example, consider a period of one day. If the high for that day was 1.2200, the low was 1.2080, and the closing price was 1.2150, then the typical price for that day would be: TP = (1.2200 + 1.2080 + 1.2150)/3 = 1.2143. Typical Price is mostly used as a component in various technical studies: Pivot Point, Commodity channel index The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in c ... (CCI), Money Flow Index (MFI), Volume Weighted Average (VWAP). in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pivot Point (stock Market)
In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. It is customary to calculate additional levels of support and resistance, below and above the pivot point, respectively, by subtracting or adding price differentials calculated from previous trading ranges of the market. A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market. In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur. In a declining ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pivot Point (technical Analysis)
In financial markets, a pivot point is a price level that is used by traders as a possible indicator of market movement. A pivot point is calculated as an average of significant prices (high, low, close) from the performance of a market in the prior trading period. If the market in the following period trades above the pivot point it is usually evaluated as a bullish sentiment, whereas trading below the pivot point is seen as bearish. It is customary to calculate additional levels of support and resistance, below and above the pivot point, respectively, by subtracting or adding price differentials calculated from previous trading ranges of the market. A pivot point and the associated support and resistance levels are often turning points for the direction of price movement in a market. In an up-trending market, the pivot point and the resistance levels may represent a ceiling level in price above which the uptrend is no longer sustainable and a reversal may occur. In a declinin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity Channel Index
The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in popularity and is now a very common tool for traders in identifying cyclical trends not only in commodities but also equities and currencies. The CCI can be adjusted to the timeframe of the market traded on by changing the averaging period. Calculation CCI measures a security’s variation from the statistical mean. The CCI is calculated as the difference between the typical price of a commodity and its simple moving average In statistics, a moving average (rolling average or running average) is a calculation to analyze data points by creating a series of averages of different subsets of the full data set. It is also called a moving mean (MM) or rolling mean and is ..., divided by the mean absolute deviation of the typical price. The index is usually scaled by an inverse factor of 0.015 to provide more readable numbers: :C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Flow Index
The money flow index (MFI) is an oscillator that ranges from 0 to 100. It is used to show the ''money flow'' (an approximation of the dollar value of a day's trading) over several days. The steps to calculate the money flow index over N days Step 1: Calculate the typical price The typical price for each day is the average of high price, the low price and the closing price. : typical\ price = Step 2: Calculate the positive and negative money flow The money flow for a certain day is typical price multiplied by volume on that day. : money\ flow = typical\ price \times volume The money flow is divided into positive and negative money flow. * Positive money flow is calculated by adding the money flow of all the days where the typical price is higher than the previous day's typical price. * Negative money flow is calculated by adding the money flow of all the days where the typical price is lower than the previous day's typical price. * If typical price is unchanged then tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms. Investment is usually made with an investment strategy in mind. Size of the market The total market capitalization of all publicly traded securities worldwide rose from US$2.5 trillion in 1980 to US$93.7 trillion at the end of 2020. , there are 60 stock exchanges in the world. Of these, there are 16 exchanges with a market capitalization of $1 trillion or more, and they account for 87% of global market capitalization. Apart from the Australian Securities Exchange, these 16 exchanges are all in North America, Europe, or Asia. By country, the largest stock markets as of January 202 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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