Chapter X: The mood of the market toward Agilent Technologies Inc. show up in the Daily Closing Altitude and other Sentiment Indicators.

Sentiment Analysis based on Historical Prices and Volumes of A common stock.

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A well known sentiment indicator is the NVI or Negative Volume Index for Agilent Technologies Inc.. This version is includes several enhancements added by Norman Fosback. The indicator is the proportion of the daily NVI as compared to the average daily NVI over the past year. The plot is orange below the unity line (neutral implication) and green above (bullish).

What to look for in an NVI plot for Agilent Technologies Inc.:

In its modern form, the NVI is an elegant indicator, but requires some care in interpretation. The orange plot (NVI less than unity) is not considered bearish because a lowering of the NVI is a natural tendancy under many market conditions. When the plot is in the green area, it indicates that prices are rising on low volume sessions, which is contrary to the normal condition. This can be a tip off to "accumulation behaviour" on the part of someone or some group in the market. The indicator seems most significant when prices are falling and the NVI is rising, which indicates a market that is "buying on the dips".

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Because the NVI operates over a somewhat longer time frame than most technical indicators, it is of interest to track it over a longer period to get a feeling for how it works. This chart for Agilent Technologies Inc. covers the few years before the start of the chart at the top of the page.

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Values above the midline indicate that day traders have positive feelings toward A while traces below the midline are a sign that speculators are afraid to hold on to the issue overnight. Agilent Technologies Inc. stock prices are shown in red.

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Here the blue indicates the proportion between Up Volume and Down Volume. Again, the horizontal blue line represents the neutral point. Agilent Technologies Inc. share prices are overlaid in red. This is an important indicator for market timing, as a change in direction of the volume line may happen before the price turns.

For Clients: More Market Sentiment Analysis of Agilent Technologies Inc.

Influence of Investor Sentiment on A stock prices. Also, roadmap and Summary of most effective indicators:

Public Pages : More A Technical Analysis Chalk-Talk Subjects

A Price Forecasts

A Traditional Time Series Analysis

Momentum Investing

Multi-Spectral Analysis

Political Season Trends A

A Transaction Volume Trends

A Analysis of Short Term and Long Term Risk

A Calendar Seasonality

Back to A Index Page

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Next Chapter 1:

This look at Agilent Technologies Inc. begins with a Classical Time Series Analysis of the historical stock prices, providing a vantage point over patterns that will be explored in greater detail in the following chapters.