Índice Nasdaq 100Educacional
Comparative Strength Analysis
Wyckoff's stock selection process always included an analysis of comparative strength. To identify candidates for long positions, he looked for stocks or industries that were outperforming the market, both during trends and within trading ranges. In short positions, he looked for underperformers.
Therefore, he conducted his comparative strength analysis between a stock and the market, or between a stock and others in its industry.
Practical example: NASDAQ100 vs NVDA
5-year:
1-year:
YTD:
July-August 2022:
Conclusion: we can use outperforming stocks' charts with higher positive correlation as a leading indicator for Indexes!
Best,
Therefore, he conducted his comparative strength analysis between a stock and the market, or between a stock and others in its industry.
Practical example: NASDAQ100 vs NVDA
5-year:
1-year:
YTD:
July-August 2022:
Conclusion: we can use outperforming stocks' charts with higher positive correlation as a leading indicator for Indexes!
Best,
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.