Using the ETF Trend Signals and Ranking Table

The ETF Trend Signals and Ranking Table tracks trend signals using the Trend Composite and ranks ETF price performance using StochClose. Users can quickly find ETFs with new trend signals, isolate the 50 ETFs in the All Weather List, identify ETFs with 52-week highs or lows and more. There is also a link to a SharpChart in the last column. This table covers over 250 ETFs from the Master ETF List.  

Trend and Momentum Strategies

Chartists can use this table for trend-following and trend-momentum strategies. The “Recent Signal” column can be used to find new trend signals. These signals can be narrowed by checking the StochClose value and choosing the one with the highest value (relative strength).

Chartists can also use this table to narrow their focus list. Look for bullish setups and mean-reversion opportunities in ETFs that are in uptrends and leading (uptrend and StochClose above 70). Avoid ETFs in downtrends or with low StochClose values (< 40).

Table Columns and Definitions

AllW: the 50 ETFs in the All Weather List. Click column heading to sort or enter AllW in search box to focus on these 50 ETFs.

Name: sort prefix and name. Click column heading to sort in a top-down manner (broad index > style > sector > industry group > bond > commodity > international > currency). Note that the industry group ETFs are also grouped by sector.

StochClose (125,5): the current value for the StochClose indicator. Click column heading to sort and rank. Highest values are the strongest and lowest values are the weakest. Price is near a six month high when values are above 90, price is near a six month low when values are below 10 and price is in the middle of its six month range when StochClose is near 50.

Trend Comp: the current value for the Trend Composite. Positive values for uptrend and negative values for downtrend. +3 means four of the five indicators are bullish (4 – 1 = 3). -1 means two indicators are bullish and three are bearish (2 – 3 = -1).

Trend: the current trend signal for the Trend Composite. DNtrend is for downtrend and Uptrend is for uptrend.

Change: percentage change in price since the trend signal.

Recent Signal: new trend signals within the last five trading days (bars). Click column heading to sort and see the most recent signals.

Signal Date: the date of the current signal.

Signal Days: the number of trading days since the current signal

Signal %Change: the percentage change since the signal triggered.

52-wk Range: the position of the close relative to the 255-day high-low range (closing prices only). A value of 100 means the close is at 255-day high, which is equivalent to a 52-week high. A value of 0 means the close is at a 255-day low. Low values (<10) mean price is closer to a 52-week low. High values (>90) mean price is closer to a 52-week high. Click column heading to sort and identify ETFs at or near 52-week highs or lows.

Chart Link: a link to a SharpChart with corresponding indicators. These include Bollinger Bands (125,1), Keltner Channels (125, 2, 125), Full Stochastic (125,5,1), Commodity Channel Index (125) and the 125-day SMA. Note that SharpCharts cannot chart StochClose, CCI Close and Moving Average Direction. As such, I am using Full Stochastics and CCI as proxies, and just showing the 125-day SMA on the price chart.   

Working with the Table

The default sort is by StochClose (125,5) to put the strongest ETFs at the top.

Users can sort by clicking any of the column headings. For example, click the “Recent Signal” heading to see ETFs with recent trend signals (within the last five trading days).

Users can hold the SHIFT key and click two column headings for a first and second sort. For example, hold the SHIFT key, click “Trend” for the first sort and then click “Signal Days” for the sub-sort. This will sort ETFs that are in uptrends by the number of signal days.

The default setting shows 300 ETFs per page, which is the entire list. In the top left, change the number in “Show 300 entries” to 25 or 50 to see the top 25 or 50 ETFs.

First change the number of entries to 50 and then perform a two column sort (Trend and StochClose). This will show 50 UPtrends sorted by their StochClose values, which will be the top 50 ETFs performance-wise.

Thanks for tuning in and have a great day!

-Arthur Hill, CMT
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