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RSL - Realtive Strenght by Levy Concept (Based on daily datas) |
02-Jan-09 |
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Introduction
The concept of "Relative Strength" by R.A Levy (do not mistake it for the "RSI-Relative Strength Index"), is based on a comparison of the past. The Relative Strength theory assumes that the past performance allows conclusion for the future of a stock. Means that stocks with a high Relative Strength will have a strong development and on the other hand, that stocks with a low Relative Strength will show a weak performance in the future.
Interpretation Grundlage |
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If the value is bigger than 1, the price is now stronger than in the past. This stock has the potential to rise. |
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If the value is smaller than 1, the price is now weaker than in the past. This stock has the potential to fall. |
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Interpretation |
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This method is especially good, if we use an index (like SP100, NASDAQ100, etc.) for building our Webotron Stocks portfolio. If the index rate is rising, we can assume that stocks with high Relative Strength play a more important part than stocks with a weaker performance.
If the index is falling, we can apply this rule the other way round. So we either buy no matter what the index rate says or we choose the stock matching the general movement of the index rate. |
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The stocks with an arrow have, after a short recreation phase, taken up their way (up or down) again. These buy-sell-signals are crucial, especially if extreme rates (the first 5, the last 5) are concerned. |
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LONG POSITION Buy only position 1 or 2 from the portfolio ranking. (Value > 1.0) |
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SHORT POSITION Buy only last or next to last position from the portfolio ranking. (Value < 1.0) |
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Hinweis |
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You better examine buy-sell-candidates, resulting from this method with additional analyzing methods. |
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And as always: Buy or sell only if you have a good feeling about it! |
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RSL Ranking |
Symbol |
RSL Value |
Strenght |
^HUI.csv | 0.9913 | WEAK Downtrend | ORCL.csv | 0.9575 | WEAK Downtrend | ^VIX.csv | 0.9564 | STRONG Downtrend | D1AB.DE.csv | 0.9030 | WEAK Downtrend | ^GDAXI.csv | 0.8929 | WEAK Downtrend | ^DJA.csv | 0.8796 | WEAK Downtrend | ^OEX.csv | 0.8699 | WEAK Downtrend | SIE.DE.csv | 0.8668 | WEAK Downtrend | ^GSPC.csv | 0.8544 | WEAK Downtrend | ^RUI.csv | 0.8489 | WEAK Downtrend | AMZN.csv | 0.8469 | WEAK Downtrend | MSFT.csv | 0.8463 | WEAK Downtrend | ^NYA.csv | 0.8384 | WEAK Downtrend | INTC.csv | 0.8332 | WEAK Downtrend | ^IXIC.csv | 0.8315 | WEAK Downtrend | ^NDX.csv | 0.8192 | WEAK Downtrend | QQQQ.csv | 0.8179 | WEAK Downtrend | ^N225.csv | 0.8025 | WEAK Downtrend | AAPL.csv | 0.7023 | WEAK Downtrend | ^TYX.csv | 0.6911 | WEAK Downtrend | DELL.csv | 0.6256 | WEAK Downtrend |
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RSL Zero Cross |
Symbol |
Sign |
NO SIGNALS |
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RSL Direction |
Symbol |
Short |
Medium |
^DJA.csv |  |  | ^GDAXI.csv |  |  | ^GSPC.csv |  |  | ^HUI.csv |  |  | ^IXIC.csv |  |  | ^N225.csv |  |  | ^NDX.csv |  |  | ^NYA.csv |  |  | ^OEX.csv |  |  | ^RUI.csv |  |  | ^TYX.csv |  |  | ^VIX.csv |  |  | AAPL.csv |  |  | AMZN.csv |  |  | D1AB.DE.csv |  |  | DELL.csv |  |  | INTC.csv |  |  | MSFT.csv |  |  | ORCL.csv |  |  | QQQQ.csv |  |  | SIE.DE.csv |  |  |
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ATTENTION! READ THIS DISCLAIMER
The information expressed on this pages is based upon the interpretation of available data. The data being presented was obtained or derived from sources believed to be accurate, but Webotron can not and does not guarantee the accuracy of these sources which may be incomplete and or condensed. The data and information presented is provided for informational purposes only, and is not offered as a basis for trading in securities nor is it offered for that purpose. Users of the Service should conduct their own independent investigation before making any investment or business decisions with respect to securities covered by the Service. Neither Webotron nor any of its data or content providers shall be liable for any errors in the information or delays in its delivery, or for any action taken in reliance thereon. Nothing contained herein should be construed as a recommendation to buy or sell any securities.
Keep in mind: "There is risk of loss in all trading!" |
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