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

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Negative Volume Index (NVI) is a traditional Sentiment Indicator for Burlington Northern Santa Fe Corporation. Here the Indicator Plot is the Calibrated NVI which incorporates 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).

Interpreting the Calibrated NVI for Burlington Northern Santa Fe Corporation:

The NVI is an elegant indicator based on sound principles but it should not be interpreted in a simplistic manner. 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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The NVI resembles a fundamental indicator more than a technical indicator in at least one respect, as it seems to be indicative over a span of months or quarters, rather then the extremely short predictive span typical of many technical signals. This chart for Burlington Northern Santa Fe Corporation 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 BNI while traces below the midline are a sign that speculators are afraid to hold on to the issue overnight. Burlington Northern Santa Fe Corporation 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. Burlington Northern Santa Fe Corporation 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 Burlington Northern Santa Fe Corporation

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

Public Pages : More BNI Technical Analysis Chalk-Talk Subjects

BNI Price Forecasts

BNI Traditional Time Series Analysis

Moving Averages and MACD Indicators

Multi-Spectral Analysis

Political Season Trends BNI

BNI Transaction Volume Trends

BNI Analysis of Short Term and Long Term Risk

BNI Calendar Seasonality

Back to BNI Index Page

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Classical Analysis provides a good overview of the data for Burlington Northern Santa Fe Corporation, and reveals patterns that will be explored with detail in later sections.