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U.S. Indexes and Exchanges Quotes

Volume Based Technical Analysis - S&P 500 Index


     

Below are the results (quotes) of the volume-based technical analysis (Volume Oscillator, Money Flow) applied to the SPX Index.

S&P 500 Index (^SPX)

Select Index:
Time (ET)LastChangeOpenHighLowVolume
Wednesday, September 17, 2014 16:000.000.00 (0.00%)0.000.000.000K

S&P 500 Technical Analysis

Volume Based Technical Analysis

S&P 500 Index (^SPX) VO, PVO and MVO (Volume Oscillators) Analysis

The indicators below (VO, PVO and MVO) are based on the daily volume quotes it is recommended consulting them after the market closes when a daily volume bar is completed.

IndicatorVO*PVO*MVO*Sentiment**
9-day Volume Oscillator 0.00 0.00 0.00 No abnormal volume activity
14-day Volume Oscillator 0.00 0.00 0.00 No abnormal volume activity
20-day Volume Oscillator 0.00 0.00 0.00 No abnormal volume activity

VO stands for Volume Oscillator, which is calculated as the difference between fast and slow moving averages.
PVO is a percentage representation of the Volume Oscillator.
MVO defines the strength of volume surges if they are discovered during the price move.
** Volume surges are leading indicators. As a rule, strong volume surges during the price decline (bearish volume surges) indicate heavy panic selling and may lead to an oversold condition and reversal upward. Conversely, a high volume during the price advance (bullish volume surge) indicates heavy greedy buying, which may lead to an overbought condition and a reversal downward..

S&P 500 Index (^SPX) MFI (Money Flow Index) Analysis

IndicatorPositive
Money
Negative
Money
Money Ratio
(MR)
Money Flow Index
Index (MFI)
Sentiment*
9-day Strength 0 M 0 M 0.00 0.00 Strongly Bearish
14-day Strength 0 M 0 M 0.00 0.00 Strongly Bearish
20-day Strength 0 M 0 M 0.00 0.00 Strongly Bearish

*  In technical analysis, Money Flow is analyzed in the same way as RSI. The Money Flow Index (MFI) is considered to be bullish when it moves above 70%. Conversely, MFI is considered to be Bearish when it moves below 30%.

About Volume based Technical Analysis.

S&P 500 Index (^SPX) volume based technical analysis is one of the important factors in obtaining a complete picture of the S&P 500 sentiment. There is no price movement without volume and there is no volume without price movement. The S&P 500 trend is always described by the change in the price and by the trading volume during this price change. By using only price-based technical indicators, a trader risks seeing only half of the picture and making uninformed trading decisions.

There are two main ways to analyze S&P 500 volume: analysis of volume surges (analysis of abnormal volume activity) and analysis of the money flow (how much money came out of or went into the market/stock).

Some of the best tools to analyze S&P 500 volume surges are Volume Oscillator (VO), Percentage Volume Oscillator (PVO) and MarketVolume Oscillator (MVO) To analyze money flow, one could use the Money Flow Index (MFI), as well as the SBV Oscillator (not shown in the quotes tables above, but available in our charts).

Volume-based technical analysis can deliver profitable signals and help in trading indexes, their derivatives, options on indexes and their derivatives, emini, index tracking funds and any other trading vehicles that track an index's performance. Use the following resources below for extended volume tutorial and research results on volume analysis:

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