Mcclellan summation index

Term: McClellan Summation Index
Definition:
An indicator which is built on a daily addition of the McClellan Oscillator to the preceding total. The Summation Index oscillates between important oversold territory to important undersold territory.

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McClellan Summation Index Formula
The Summation Index originally was the sum of the values for the McClellan Oscillator. Over time the formula was refined to take in account the strength of the trend.

McClellan Summation Index »McClellan Summation Index (MSI) indicator definition ...

McClellan Summation Index: A popular market breadth indicator that is ultimately derived from the number of advancing and declining stocks in a given market.

McCLELLAN SUMMATION INDEX
The Summation Index is a long-term indicator which oscillates in relation to a Zero Line. The normal range of movement is between Zero and +2000.

McClellan Summation Index
Now what would happen if you added up all of the values of the McClellan Oscillator? You would come up with what is known as the Summation Index.

McClellan Summation Index
The McClellan Summation Index is a popular market breadth indicator that is ultimately derived from the number of advancing and declining stocks in a given market.

McClellan Summation Index
The McClellan Summation Index was developed by Sherman and Marian McClellan. It is a longer-term version of the McClellan Oscillator and is used to determine the market's overall health.

The basis of McClellan Summation index, developed by Sherman and Marian McClellan and being the indicator of a market breadth, is the McClellan Oscillator.

McClellan Summation Index A short to mid-term leading indicator, based on a market Index (NYSE, etc),... MDL The ISO currency code for the Moldova Lei. Learn more about Moldova and the Moldovan Leu at GoCurrency.

McClellan Oscillator and McClellan Summation Index
Momentum
Money Flow Index (MFI)
On Balance Volume (OBV)
Price and Volume Trend (PVT)
Range Expansion Index (REI)
Rate of Change (ROC)
Relative Strength Index (RSI)
Sequential Analysis ...

Advance Decline Line - a popular indicator of market breadth
McClellan Oscillator - a popular closed-form indicator of breadth
McClellan Summation Index - a popular open-form indicator of breadth
[edit] Volume-based indicators ...

See also: Index, Mcclellan oscillator, Oscillator, Market, Indicator