OPEN-SOURCE SCRIPT

Days Since –1% Down Close

122
“Days since last down 1% close” indicator

This is a useful tool for investors and analysts to gauge market momentum, volatility, and potential risk:
1. Measuring Market Stability and Momentum
2. Identifying Potential Overbought Conditions
3. Volatility Assessment
4. Contextualizing Seasonal or External Factors
5. Risk Management and Timing

Actionable Insight: Combine this with real-time data (e.g., VIX levels or economic releases like tomorrow’s potential market-moving news)

In summary, the "Days since last down 1% close" indicator helps investors monitor market health, spot overextension, and manage risk by providing a historical benchmark for volatility.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.