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Date/Time: Mon, 16 Sep 2024 19:10:50 +0000



Post From: Market Statistics : Internals about Today's High and Today's Low

[2020-03-11 10:18:06]
Sierra_Chart Engineering - Posts: 16387
This makes no sense to us at all. We still have no idea of the calculation method. We do not know how you can compare the price of a stock to the low price of an index containing that stock and somehow come to the conclusion that it is trading lower. The same for comparing to the high.

What do you expect the Index will do if at the current moment there is an overwhelming amount of stocks trading lower than the current day's low?
How can this be? This seems mathematically impossible to us. If stocks are trading lower that is going to immediately affect the index which contains those stocks.

We cannot spend further time on this. This is not something which would be added and we do not understand it anyway.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

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Date Time Of Last Edit: 2020-03-11 10:19:31