Pivot Points: Pivot Points fall under support and resistance category of indicators. A support will not let the stock fall further and a resistance will not let the stock to rise further. Pivot Points use the prior period’s high, low and …
A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. A 14-period %K would use the most recent close, the highest high over the last 14 periods and …
MACD ( Moving Average Convergence Divergence) is also known as a Hybrid Indicator since it inculcates Trend and Momentum concepts. The most common moving average values used in the calculation of the MACD Line are the 26 period and 12 …
Bollinger Bands belong to Volatility category of Indicators. It consists of three bands – upper band, lower band and middle band. As per Bell Curve, 68% of the observations lie in the 1STD (Standard Deviation) from Mean, 95% observations lie …
In the earlier post we have seen how to calculate SMA using excel. But the problem with SMA is that it allocates equal weightage to all the observations. This increases a lag in the indicator which responds slowly to the …
SMA is a trend indicator which helps in knowing the long term, short term or mid term trend of a stock/index. It takes two inputs – one is the closing of the stock and the other is the number of …
Industry Facts The computer software industry comes under Technology group. It’s a Non-commodity type industry. Industry Strengths Ability to adapt to latest technology available in the market and acquire different skill sets required for execution of orders of international customers. …
Industry Facts The Banking industry comes under Financial group. It’s a commodity type industry. Industry Strengths Strong demand for banking services including fee based services Rapid growth in infrastructure to make banking services available through increase in number of branches …