Question
Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period: Month New Highs New
Below are figures representing the number of stocks making new highs and new lows for each month over a six-month period:
Month New Highs New Lows
July 117 22
August 95 34
September 84 41
October 64 79
November 53 98
December 19 101
How much is the new highs-new lows indicator and would a technical analyst consider the trend to be bullish or bearish?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
