Complimentary Articles and Analysis
The Trend Composite is a trend indicator that aggregate signals in five indicators. Bollinger Bands (125,1), Keltner Channels (125,2), 5-day Rate-of-Change of 125-day SMA, StochClose (125,5) and CCI-Close (125). Click on any column heading to sort. This table is updated every Friday before the open.
It has been a rough four weeks for stocks and oil, but the energy-related ETFs held up relatively well and remain in uptrends. The PerfChart below shows performance for SPY, oil, the DB Energy ETF (DBE) and
The short-term trends for the big three are down (SPY, QQQ, IWM) and we are in a bear market. Over the last two weeks, the short-term trend (down) aligned with the long-term trend (down). This is a powerful combination
Traders can improve the odds of success by focusing on ETFs in leading uptrends. TrendInvestorPro identifies such ETFs with a table that shows Trend Composite signals and the 52-week range
The S&P 500 SPDR (SPY) surged to its falling 200-day SMA here in August and even edged above this key level intraday on Tuesday. Even though the ETF is close to crossing above the 200-day, chartists would be better off
The S&P 500 SPDR (SPY) is in the midst of a strong advance since mid July as it became “overbought” on July 20th and remains overbought. Today’s article will show how to measure overbought and oversold levels using StochClose, which is a version of the Stochastic Oscillator that uses closing prices.
The Composite Breadth Model at TrendInvestorPro has been bearish since April 11th and remains bearish, which suggests that the current bounce in SPY is a counter-trend advance within a bigger downtrend. Also note that
Led by its top two components, Enphase (ENPH) and Solar Edge (SEDG), the Solar Energy ETF (TAN) followed a bullish signal from the Trend Composite