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To: Sergio H who wrote (9060)7/8/2005 1:40:54 PM
From: Galirayo  Respond to of 23958
 
Ok .. Will Do .. I added CEGE too the Folio.

Bios are on a Roll.

Check ARIA ..

stockcharts.com[w,a]dacayiay[db][pb50!b200!f][vc60][iut!Ua12,26,9!Uv25]&pref=G



To: Sergio H who wrote (9060)7/8/2005 1:43:40 PM
From: Jibacoa  Respond to of 23958
 
Aroon indicator

What is it


The Aroon was developed by Tushar Chande in mid-ninetees. It is a trend indicator - used to determine if the security is moving in a trend or sideways, as well as how strong the trend is.

If the price of a security is rising, the Close for the period will be closer to the end of the period, and vice versa. The Aroon indicator shows how much time passed between the highest (up) or lowest (down) Close since the beginning of a period (in percents).

Calculation

The following formula is used to calculate Aroon indicator. It consists of two lines - Aroon(up) and Aroon(down), and the resulting Aroon Oscillator is the difference between them.

Aroon(up) = ((total_num_of_periods - num_of_periods_since_highest_close) / total_num_of_periods) x 100

Aroon(down) = ((total_num_of_periods - num_of_periods_since_lowest_close) / total_num_of_periods)) x 100

Aroon(oscillator) = Aroon(up) - Aroon(down)

Usage

When Aroon(up) and Aroon(down) are moving together, there is no clear trend (the price is moving sideways, or about to move sideways).

When the Aroon(up) is below 50, it is an indication that the uptrend is losing its momentum, while when the Aroon(down) is below 50, it is an indication that the downtrend is losing its momentum.

When the Aroon(up) or Aroon(down) are above 70, it indicate a strong trend in the same direction, while when the value is below 30, it indicates a trend coming in an opposite direction.

Finally, for the Aroon Oscillator, the positive value indicates an upward trend (or coming trend), and the negative value indicates a downward trend. The higher the absolute value of an oscillator, the stronger is an indication of a trend.