Stock price Week-to-Date (WTD) return is a measure of the change in a stock’s price from the beginning of the current trading week to the current date. The WTD return is calculated by subtracting the stock’s previous week’s closing price from its current price and then dividing the result by the previous week’s closing price. The result is then expressed as a percentage, representing the stock’s WTD return
Month-to-date (MTD) stock price return is the percentage change in the stock price from the beginning of the current month to the current date. It is calculated by taking the difference between the stock price at the current date and the stock price at the previous month’s close and dividing that amount by the stock price at the previous month’s close.
The month-to-month return compares the value of a stock at the end of one month to the value of the stock at the end of the previous month.
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Using price volatility to measure price moves is based on the fact that daily price returns are meaningless without context. Therefore, short-term price history is required to understand the significance of a price change
The Normalized ATR extends the function of the ATR by being able to get a volatility measure that is directly comparable across stocks with different prices. This is accomplished by calculating the ATR as a percentage of the stock price.
The Average True Range is an indicator used to determine stock price volatility; it measures how much price moves on average over a given period. Welles Wilder introduced it in his book “New concepts in technical trading systems.
The Standard Deviation of Daily Price Returns is a statistical measure representing the volatility or risk in an instrument. It tells you how the daily price return can deviate from the historical mean.
The” range” forms the fabric of market structure as we know it. Being able to identify and use it within the daily-price context proves itself as a great tool.
First we find pivots, then we connect them to make levels. We use these levels to box in interesting structures. This is the process.
Market structure is self-apparent. It is our methods that are attempts at accurately defining what it is and how it will behave.
