Short-Term Performance Chart Instruction
A: List of Securities for which Short-term performance values are reported; Date for which these values are reported is also shown under each category. The top left box only shows the date / time the chart was generated.
 
B: Day periods – Previous day, 2-day Change, 3-day Change, 4-day Change
 
C: Percent Change for listed time period.
RSI Summary Chart Instruction
 
A: List of Securities for which RSI values are reported; Date for which these values are reported is also shown under each category. The top left box only shows the date / time the chart was generated.
 
B: Day periods – 3, 5, 7, 10, 14 for which RSI is reported.
 
C: RSI absolute value for each of the day periods.
%B Summary Chart Instruction
 
A: List of Securities for which Percent B(%B) values are reported; Date for which these values are reported is also shown under each category. The top left box only shows the date / time the chart was generated.
 
B: Day periods – 10 and 20 for which %B values are reported.
 
C: %B absolute value for each of the day periods.
Percent Off From High Summary Chart Instruction
 
A: List of Securities for which Percent Off From Highs values are reported; Date for which these values are reported is also shown under each category. The top left box only shows the date / time the chart was generated.
 
B: Day periods – Percent Off From Highs in Last 7, 20, 50, 100, and 200 days are reported.
 
C: RSI absolute value for each of the day periods. A positive value means it is the highest it has been in that time period. A negative value means it is less than the high seen in that time period.
FAQ​:
1. What is the purpose of these charts?
These charts give a quick summary of the following technical indicators (Short-Term Performance, RSI, %B, and Performance in the Last 7-200 trading days). More information on RSI and %B can be found on the following public links:
2. Why are these indexes and securities chosen for the analysis?
The goal of choosing these indexes and securities was to create a diverse range of investment opportunities and track the most prominent market sectors. Two international markets are currently being tracked as special request items. Additional securities can be added upon request.
 
3. What does the color-coding on these charts represent?
The color-coding on these charts (Blue --> Red) indicates the High (Over-bought) to Low (Over-sold) market conditions. This color-coding is conditionally formatted only for the securities in the chart.
 
4. How can I take advantage of these above metrics values being different for securities for today?
RSI, %B, and Performance over a certain time period for securities will be different due to cyclic nature or specific price action for that industry sector. Investing in securities that have a lower RSI, %B or higher negative percentage values will give you an opportunity to invest in over-sold securities. Different securities (Indices, Technology, Financial, Health, Oil, Gold, International Indices).
5. Are the RSI, %B, and Performance values correlated in any manner?
Yes, depending on the time period chosen for security, the percentile values for three performance metric indicators will show correlation. A security that shows a lower RSI value and lower RSI percentile value, thus an Oversold condition for a 10-day period will also show similar percentile values for the metric “Percent Off from High in the Last 10 days”.
You do not need to use all three technical indicator values to make a trading decision. Each of the technical indicators has its Oversold and Overbought threshold values.

© 2019 Evariation Investing

Evariation Investing is not a registered investment advisor, tax advisor, legal advisor, or financial broker. All investment and financial opinions expressed are from the personal research and experience of the owner of the site and are intended as educational material. Occasional unintentional errors may occur. It is very important that you do your own analysis or consult with a financial advisor for your personal situation.

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