Where can I find the value of "relative strength" of a stock?
I need this information to determine if the stock is leading or on momentum!
I think Investors Business Daily has some of that stuff, and marketwatch.com and stockscores.com have some valuable stuff, even for free.
Doug
Doug
Go to stockcharts.com
Enter the stock symbol whose relative strength you want to measure.
Divide the stock symbol by the S&P 500.
You do this by entering the stock symbol, followed by a semicolon, followed by SPX.
It'll look like this with Google, for example:
GOOG:$SPX.
Hit the enter key and take a look at Google's relatvie strength.
Enter the stock symbol whose relative strength you want to measure.
Divide the stock symbol by the S&P 500.
You do this by entering the stock symbol, followed by a semicolon, followed by SPX.
It'll look like this with Google, for example:
GOOG:$SPX.
Hit the enter key and take a look at Google's relatvie strength.
QUOTE (Jnavin @ Mar 23 2006, 07:25 PM) 
Go to stockcharts.com
Enter the stock symbol whose relative strength you want to measure.
Divide the stock symbol by the S&P 500.
You do this by entering the stock symbol, followed by a semicolon, followed by SPX.
It'll look like this with Google, for example:
GOOG:$SPX.
Hit the enter key and take a look at Google's relatvie strength.
Enter the stock symbol whose relative strength you want to measure.
Divide the stock symbol by the S&P 500.
You do this by entering the stock symbol, followed by a semicolon, followed by SPX.
It'll look like this with Google, for example:
GOOG:$SPX.
Hit the enter key and take a look at Google's relatvie strength.
HI, follwerd the instructions and got a chart of GOOG...but where's the relative strength comparison?
[img]http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=goog:$spx,uu[l,a]daclyyay[pc!c!c][vc60][iut]&r=3356.png[/img]
The red line is the ratio, Sam. If it's above the red line, it has better RS than the S&P. If it's below, it has less RS.
When the red line is trending downward, the RS is weakening. When the red line is trending upward, the RS is gaining.
There are other ways of measuring it, but this one's simple. It's all you need to know, really, on the subject unless you want to get complicated.
When the red line is trending downward, the RS is weakening. When the red line is trending upward, the RS is gaining.
There are other ways of measuring it, but this one's simple. It's all you need to know, really, on the subject unless you want to get complicated.
thanks i really appreciate the info. i'm always learining SOMETHING new here. 