Home > Basic Knowledge, Technical Analysis > Using the Price Relative

Using the Price Relative

August 21st, 2009 Leave a comment Go to comments

The price relative can be used to show relative strength or relative weakness. While the S&P 500 moved to new lows in March, Broadcom (BRCM) held support around 16 from mid January to early March. As a result of relative strength, the price relative (BRCM:$SPX ratio) surged higher in February and March. Relative strength preceded absolute strength as BRCM surged from 16 to 24. Note: This is an educational post featuring a technical analysis technique.

090821brcmrelastg
Market Analysis : Week 34/09

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • BlogMemes
  • Live
  • MySpace
  • Technorati
  • MisterWong
  • RSS
  • Twitter
  • Yahoo! Bookmarks
  • Yahoo! Buzz
  • LinkedIn
  • Reddit
  • Tumblr
Categories: Basic Knowledge, Technical Analysis Tags: ,
  1. No comments yet.
  1. No trackbacks yet.