What is NH NL indicator?
What is NH NL indicator?
The New Highs-New Lows indicator (“NH-NL”) displays the daily difference between the number of stocks reaching new 52-week highs and the number of stocks reaching new 52-week lows. Interpretation. You can interpret the NH-NL indicator as a divergence indicator or as an oscillator.
How do you calculate High-Low Index?
High-Low Index Calculation To obtain the simple moving average of the Record High Percent over a 10-day period, sum the Record High Percent’s from the past 10 days and divide the sum by 10.
What is High-Low Index?
What is the High-Low Index? The high-low index compares stocks that are reaching their 52-week highs with stocks that are hitting their 52-week lows. The high-low index is used by investors and traders to confirm the prevailing market trend of a broad market index, such as the Standard and Poor’s 500 index (S&P 500).
What stocks are at 52-week highs?
52 Week High – United States Stocks
| Name | Last | High |
|---|---|---|
| Agilent Technologies | 173.81 | 175.10 |
| Alcon | 82.04 | 82.22 |
| Alexander&Baldwin | 20.83 | 20.92 |
| Alkermes Plc | 31.11 | 31.12 |
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Is the NH-NL indicator positive or negative?
The NH-NL indicator oscillates around zero. If the indicator is positive, the bulls are in control. If it is negative, the bears are in control. As the cycle matures, a divergence often occurs as fewer and fewer stocks are making new highs (the indicator falls), yet the market indices continue to reach new highs.
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How is the USHL stock market index calculated?
The index is computed by counting up all of the US stocks (on any of the three major exchanges) that are making new 52-week highs and subtracting all of the US stocks that are making new 52-week lows. That gets you the “Daily” version of this index ($USHL).
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