{"id":2036781,"date":"2015-10-16T13:05:58","date_gmt":"2015-10-16T07:35:58","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=2036781"},"modified":"2015-10-16T13:05:58","modified_gmt":"2015-10-16T07:35:58","slug":"relative-strength-spread-charts","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2015\/10\/16\/relative-strength-spread-charts\/","title":{"rendered":"Relative Strength Spread Charts"},"content":{"rendered":"

What is Relative Strength Spread?<\/h3>\n

Relative Strength Spread of a stock is the relative cumulative performance of the stock vs. the CNX 500 index over the same period.<\/p>\n

We had discussed how the Relative Strength Spread Index is a coincident indicator of momentum earlier<\/a>. With a new update, we are publishing charts of relative strengths of individual stocks over multiple lookback periods. This can be found under the ‘Quant’ tab of the equity pages.<\/p>\n

How to interpret Relative Strength Spread?<\/h3>\n

Relative Strength Spread is a measure of historical out-performance. By observing the RS-Spread over different lookback periods, investors can get a sense of future direction of momentum. For example, if you look at the RS-Spread of TATAMOTORS<\/a>, you can observe how the stock lagged the broad market for the better part of the year before suddenly turning around in the last few days.<\/p>\n

\"TATAMOTORS.relstrength\"<\/a><\/p>\n

Now contrast that to BHARATFORG<\/a>:<\/p>\n

\"BHARATFORG.relstrength\"<\/a><\/p>\n

Unlike a price or return chart that looks at an individual stock, the RS-Spread chart incorporates information from a broad set of stocks and compares it to the market average. It has more information content than the ‘Relative Momentum’ chart as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

What is Relative Strength Spread? Relative Strength Spread of a stock is the relative cumulative performance of the stock vs. the CNX 500 index over the same period. We had discussed how the Relative Strength Spread Index is a coincident indicator of momentum earlier. With a new update, we are publishing charts of relative strengths … <\/p>\n","protected":false},"author":2,"featured_media":2035971,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471,9],"tags":[3491,2761],"class_list":["post-2036781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing-insight","category-your-money","tag-momentum","tag-quant","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2036781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=2036781"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/2036781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media\/2035971"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=2036781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=2036781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=2036781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}