StockFetcher Forums · Indicators and Measures · Force Index<< >>Post Follow-up
stockfetcher
979 posts
msg #26046
3/10/2003 2:37:43 PM

Force Index

Parameters Period
Usage Force Index(13)
FI(3)
Description The Force Index, developed by Alexander Elder, is a trend indicator that attempts to determine the current buying and selling activity in a stock. Values above 0 indicate a current buying trend, while values below 0 indicate a sell-off. The Force Index uses both the change in closing prices along with the number of shares traded.

Popular interpretations of the Force Index involve 2 or 13-day Force Index values, along with price divergences or positive or negative trends.

Examples
Fetcher[show stocks where the FI(2) 3 days ago was below 0 and the FI(2) has been decreasing for 3 days]


Fetcher[show stocks where the FI(13) has been increasing for 4 days and the EMA(25) has been decreasing for 4 days]



StockFetcher Forums · Indicators and Measures · Force Index<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.