Info!! Cumulative Ticki Together With Short-Term Stock Marketplace Set Sentiment

My recent post highlighted the TICK indicator for the xxx Dow Industrial stocks (TICKI) equally a mensurate of short-term sentiment.

Just equally nosotros tin dismiss work a cumulative occupation of NYSE TICK to rails shifts inwards reckon over the twenty-four hr menses (and from twenty-four hr menses to day), nosotros tin dismiss work a cumulative TICKI occupation for like purposes.

Above nosotros encounter today's merchandise inwards the Dow (DIA; bluish line) plotted against the cumulative TICKI line. That occupation was created past times summing the high, low, together with closing TICKI value for each infinitesimal together with and thus summing; the nautical chart was created inwards Excel.

Note how the cumulative TICKI topped out ahead of cost together with and thus bottomed out ahead of price. It is non thus much a timing indicator equally a full general barometer of intraday sentiment, capturing upticking together with downticking demeanor across the really liquid large cap stocks.
.