MarketGraderWatch out: $CYTK dropped more than 30 points in our grading system today and was downgraded from a BUY rating to a SELL! #stockmarket #mkt
MDY - Standard & Poor's MidCap 400 De
MidCap SPDRs is focused to provide investment results that, before expenses, generally correspond to the price and yield performance of the Standard & Poor's MidCap 400 Index (S&P MidCap 400 Index). MidCap SPDRs represents Standard & Poor's MidCap 400 Depositary Receipts. The MidCap SPDR Trust, Series 1 (Trust) is a unit investment trust that issues securities called MidCap SPDRs. The Trust seeks to match the total return of the S&P MidCap 400 Index. To accomplish this, the Trust utilizes a full replication approach. All 400 securities of the S&P MidCap 400 Index are owned by the Trust in their approximate market capitalization weight. The Trust's holdings comprise 400 stocks in the S&P MidCap 400 Index, which is designed to capture the price performance of the middle capitalization segment of the United States publicly traded stock market.
The Aroon technical indicator is quite new and was developed by Tushar Chande in 1995. Similar to the MACD, it is used for identifying trends in an underlying security and tries to determine what the chances are that the trends will reverse. The indicator is made up of two lines: The first line is called the Aroon Up, which measures the strength of the uptrend. The second line is called the Aroon Down, and it conversely measures the strength of a downtrend. The Aroon indicator reports the time it is taking for the price to reach the highest or lowest points over a given period of time, each reported as a percentage of total time. The Aroon up as well as the Aroon Down fluctuate between zero and 100, and values close to 100 indicate a very strong trend, while zero indicates a weak trend. The main assumption underlying this indicator is that a stock's price will close at record highs in an uptrend, and record lows in a downtrend.