SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : TA-Quotes Plus
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Estes who wrote (2035)9/22/1997 10:35:00 PM
From: TechTrader42   of 11149
 
Thanks, Richard. You're right, of course. IBD's "Guide to the Markets" was a bit unclear on this. In another paragraph, it does say RS "compares a stock's price change over the last 12 months to those of all other stocks," but it doesn't give a formula. Then, in referring to a chart of Scott Paper, it says its RS line is derived by "dividing the stock's closing price by the close of the S&P 500 index and charting the resulting ratio." Don't know what they mean by that. Shows what little can be gained by skimming.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News