BullCharts : RSC http://www.bullcharts.com.au/forum/ This is an XML content feed of; BullCharts : BullCharts discussion : RSC Copyright (c) 2006-2009 Web Wiz Forums - All Rights Reserved. Tue, 07 Apr 2026 14:57:17 +0000 Tue, 04 Jan 2005 10:22:33 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 9.69 360 www.bullcharts.com.au/forum/RSS_post_feed.asp?TID=84 BullCharts http://www.bullcharts.com.au/forum/http://www.bullcharts.com.au/images/bull_logo.gif http://www.bullcharts.com.au/forum/ RSC : davkell, Our relative strength... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=325#325 Author: Peter
Subject: 84
Posted: 04 Jan 2005 at 10:22am

davkell,
Our relative strength comparison is calculated by dividing the price ofone security by another. This means that the point where both pricesare equal is at 1, not zero. This is the method described in TechnicalAnalysis from A to Z by Steve Achelis.The easiest way to add a line iswith the horizontal line tool.

My Weinstein book seems to have walked for the moment, so I can'tcomment on whether or not he maybe uses a different RSC method.

Deakan,
Yes, that's correct.
]]> Tue, 04 Jan 2005 10:22:33 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=325#325 RSC : Thanx Peter,found scale on left... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=310#310 Author: Decan_Frost
Subject: 84
Posted: 27 Dec 2004 at 10:43pm

Thanx Peter,found scale on left and now makes better sense.

VCR was my comparing.

So does it mean that an overlay of the sector on a chart can move down while the RSC moves up,as this is a reflection to how well the share ,security is doing compared to sector.

Thanx !

]]> Mon, 27 Dec 2004 22:43:41 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=310#310 RSC : Peter; Is it possible to have... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=305#305 Author: davkell
Subject: 84
Posted: 24 Dec 2004 at 1:08pm

Peter;

Is it possible to have the ability to put in the zero line on the RSC? Also, I haven't got the complete understanding of this tool yet, but the version on BullCharts appears a little different to that of the RSC as outlined in Weinstein's book. His axis values appear to go from zero up or down in increments of five (5). Is this just a manipulation of the axis for better viewing or something else?

Am I right in the understanding that if the RSC is above zero and rising, then the stock price is performing better than the index, and if the RSC is below zero and falling, it is performing worse than the index?

]]> Fri, 24 Dec 2004 13:08:08 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=305#305 RSC : Yes, the RSC is used for this... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=301#301 Author: Peter
Subject: 84
Posted: 23 Dec 2004 at 11:25am

Yes, the RSC is used for this purpose.

The RSC is currently unavailable in BullScan or BullScript. However, asfar as we know, the RSC for charts works fine. Which security were youcomparing to XHJ? (and what about the result suggests to you that itmay be incorrect).

Note: A common mistake people make with the RSC is to not look at theaxis. For example, if you set up an RSC comparing the XAO and the XJOthen you'd expect the two to be very similar. At first glance the RSCgraph appears to be very noisy. However, when you look at the scale,the values are between 0.98 and 1.005 - so it is actually quite flat,but the auto-scaling stretches the tiny bumps out to being quite large.Is it possible that you're observing a similar effect with yourcomparison?

]]> Thu, 23 Dec 2004 11:25:28 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=301#301 RSC : This i,m led to believe is a comparison... http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=295#295 Author: Decan_Frost
Subject: 84
Posted: 22 Dec 2004 at 1:58pm

This i,m led to believe is a comparison used manily for say the comparing a stock against it,s sector.

Am i right in reading somewhere on this site that Bullcharts has had a flaw in relation to RSC,which is being currently worked on.

As the chart i view via INSERT ,SECURITY,RSC ticked (compared to XHJ HEALTH),does not appear correct.

This my fellow chartists is quite probably,and statistically,highly possibly my wrong viewing but can someone please explain!.

]]> Wed, 22 Dec 2004 13:58:36 +0000 http://www.bullcharts.com.au/forum/forum_posts.asp?TID=84&PID=295#295