Ranking Table

The Ranking Table is a relative strength rating for a group of markets. This rating is based off the MarketColor technical indicator analysis whose result is expressed as a numeric value. The higher the value, the more technical indicators are in a positive position. The lower the value, the more technical indicators are in a negative position.

An index can be compared against other indices or the components that make up an index can be ranked against each other. This feature provides a quick overview of which markets are showing more positive or negative tendencies between and within sectors.

In addition to the Ranking table also lists correlation coefficients to the major broad-based and sector indices. This feature shows the trader which index would best be used as a confirming or counter signal.