Chaikin Analytics provides 6 pairs of daily Buy & Sell Signals which combine technical indicators with the Chaikin Power Gauge Rating to indicate potential trading entry and exit points.
Signals are updated nightly and do not change during the trading day.
Buy/Sell Signals should be considered a “call to attention” and potentially a call to action, subject to more in-depth review of a stock. (In other words, do not automatically drop everything and Buy or Sell a stock just because a Signal triggers.)
You can use Signals in 2 ways:
- To screen a larger universe for trading candidates.
- To provide confirmation of an entry or exit point for a stock you are monitoring.
|Oversold Buy/Overbought Sell||Stocks at potential short-term reversal points.|
|Momentum Breakout/Breakdown||Stocks which have broken out of a trading band with momentum likely to continue.|
|Reversal Buy/Sell||Stocks reversing direction relative to the market, with momentum likely to continue.|
|Money Flow Buy/Sell||Stocks with strong money flow and short-term momentum likely to continue.|
|Relative Strength Buy/Sell||Stocks outperforming (or underperforming) the market, with momentum likely to continue.|
|Rel. Strength Breakout/Breakdown||Strong (or weak) stocks which have started to outperform (or underperform) the market.|
Buy and Sell Signals in the Chaikin Analytics system. Signals are defined by a triggering event plus supporting conditions. Key conditions are noted – other filter criteria are included to improve the effectiveness of each Signal.
Chaikin Buy/Sell Signals are calculated as follows:
Notes on Signal Calculations:
- Signals are computed after each trading day when new closing data is received, generally by 11:30pm EST each weeknight. They do not change intraday.
- Calculations are based on market data and Power Gauge Ratings at the time of calculation, and are valid until the next trading day’s closing data is received.
- Ratings are updated before the following open and may change after Signals are calculated.
- ETFs may only trigger Relative Strength Signals.