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The basic charts allows you to view data 'cumulated'. The cumulative view can be obtained by selecting 'Cumulative' as chart type ( where the default is 'Candles').
This feature was added mainly to be used with the new breadth indices. For example: the 'NYSE advance - decline' index ($ADDN) shows for each day the difference between the number of advancing issues and the number of declining issues. When you show this data in cumulated mode, as can be seen here, you get the 'Advance Decline Line' ( or ADL ). The Advance decline line is described by investopedia as:
"A technical indicator that plots changes in the value of the advance-decline index over a certain time period. Each point on the chart is calculated by taking the difference between the number of advancing/declining issues and adding the result to the previous period's value" ( link ).
Lots of breadth indices were added. An overview can be found here.
Ivanhoff published the StockTwits 50 list this weekend!
The charts and relative strength lines can be viewed on ChartMill
All 50 StockTwits Charts with Relative Strength Line
We like some confirmation of the Large Effective Volume. These stock meet up with the Large EV criteria.
StockTwits 50 and Effective Volume
More info on the STW50 website www.stocktwits50.com
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