Email of the day (2)
Comment of the Day

February 14 2011

Commentary by Eoin Treacy

Email of the day (2)

on the addition of an MA divergence indicator:
"You mentioned recently a 68% difference between a current share value and its MA200 saying it's therefore very overextended. Can this value be calculated in one of the existing table produced in the library?

"Is there a way to show a chart of this difference (share value - MA200) along the time? We could see more easily when overextension to MA200 becomes really too big compared to historical values.

"Otherwise, would it be possible to add this function to the development list of the chart library if you think that such a chart can help in the process of decision making? Although obviously the difference is much bigger after a sharp rebound (1H 2009) than later during the recovery/ expansion phases. Thanks as always for the great service!"

Eoin Treacy's view Thank you for thus suggestion which is relatively high up on our development list. At present we are putting the finishing touches on a tagging system for Comment of the Day which should make finding items of interest much less time consuming.

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