Price Volume Dynamics

Volatility: the Sector traded between a low of 2,370.8 and a two-day high of 2,482.2. Intraday volatility (highest price minus lowest price/lowest price) of 4.7% was 0.9 times average daily volatility of 5.0%.Moving Average (MA): the Sector value to 200-day moving average ratio is 0.72, a bearish indicator.

In the past 200 days this ratio has been under 0.72 forty-seven times suggesting further downside.The 50-day MA of 2,367.4 is lower than the 200-day MA of 3,408.3, a bearish indicator.The 200-day MA has decreased to 3,408.3, another bearish indicator.Relativities: in the NASDAQ market of 2646 stocks, 44 sectors and 10 indices, the Sector has a 6-month relative strength of 21.3 indicating it is trailing 78.7% of the market. (Rank 1843 out of 2700)Today its percentile rank in the NASDAQ market was 73.9. (Rank 629 out of 2700)
Price Dynamics: the Sector is at a discount of 54.9% to the 52-week high of 5,418.3 and a premium of 27.4% to the 52-week low of 1,918.6.Volume and Turnover Period: the average turnover rate of the Sector is 1,100.8% or an average holding period of 33 days.

October 17, 2011

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