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.
Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (20240)10/19/1999 3:12:00 PM
From: The Verve  Read Replies (1) | Respond to of 25814
 
E...there's a number (and I can't remember what it's called) that is considered a pointer as well. Can you tell me what it's called?

To figure out the number you take the difference between the low and high of the day and divide it by two to determine the arithmetic mean. For example: if stock's high is 50 and low is 46 for that day, the mean would be 48. And if your mean is higher than your closing price, that indicates strength, while the opposite indicates weakness.

Do you use this number in your TA and what is it called?