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This Analysis typically may be used to detect and act-upon likely regression/reversal of securities that have gone too much oversold or too much overbought. If/when the security goes too far from its mean (whetever that mean might be), then an inevitable reversal/regression follows (see footnote 1). So the basis of this Analysis is indicated by the column 'O V E R Sold Bought'. Over Sold Bought measure in terms of percentage how far off from mean the security has gone. A too high value 100% either Over Bought or Over Sold indicate that the security is ripe for regression. (Regression of course can occur from lower values, but higher values increase the odds of regression.) So the first step of using the analysis is to identify which security has gone too far off from mean. A mere 100% value does not indicate the the security will start its regression after reaching it. Securities potentially can stay at 100% Over Sold or Over Bought for quite some time before actually regressing. This is where the second step comes into picture viz. Chande Momentum Alerts/Warnings   and   AccuTrack Trend Over 3/5/8/11 Days. Chande Momentum Oscillator being an Oscillator by design has do (and does) oscillate between max/min values. The values above 40 for most stock funds produces a warning. (For Junk Bond funds this warning is to ignored, there is a seperate analysis provided for Junk Bond funds.) The warning indicates that the security is now in a OverBought region. Similarly the valued below -40 produce an alert. The alert indicates that the security is now an OverSold region. Following to a warning (or alert) an eye must be kept on the CMO's direction for an eventual downturn (or upturn) over 3/5/8/11/13 days. When this happens (perhaps right when the trend over 8 days turns) it is recommended to sell (or buy) the security.

AccuTrack indicator here is geared to measure how well the security is doing against cash (money market fund). When the security starts doing better in comparison to cash, AccuTrack turns up, when it starts doing worse in comparison to cash, AccuTrack Turns down. This trend of AccuTrack over the days 3/5/8/11 is used to find out if/when the security has potentially started its regression back towards mean.

Lets consider two cases where I'll demonstrate how I'll go about trading.

I may have a security which has 100% as Over Sold number and the CMO will be on Alert and then CMO/AccuTrack trend may be Down/Down/Down/Down. This is a security which I'll mark for buying-long. Now I'll wait and watch every day for AccuTrack trend to turn from Down/Down/Down/Down to Flat/Down/Down/Down, Flat/Flat/Down/Down, Up/Flat/Flat/Flat and even Up/Up/Flat/Flat over a few days.. At this point or perhaps even earlier, I'll buy-long this security.

In another case I may have a security which has 100% as Over Bought number the CMO will be on Warning and CMO/AccuTrack trend may be Up/Up/Up/Up. This is a security which I'll mark for selling (or selling-short). Now I'll wait and watch every day for AccuTrack trend to turn from Up/Up/Up/Up to Flat/Up/Up/Up, Flat/Flat/Up/Up, Down/Flat/Flat/Flat and even Down/Down/Flat/Flat. At this point or perhaps even earlier I'll sell-short this security.

The securities are sorted in descending order of OverSold values (which means that the securities that are most OverSold will appear at the top and those that are least OverSold will appear at the bottom). Within this sort order, the securities are further sorted in the ascending order of OverBought values (which means that the securities that are most OverBought will appear at the bottom and those that are least OverBought will appear at the top).

The analysis also gives the other indicators RSI_Stoch (Momentum) and Delta MO (Accelaration), RSI+Stoch (Relative-Strength-Index + Stochastics) that gives what is the position of these indicators based on the 'conventional' approaches. (It is concentional recommendation not to sell a security when RSI+Stoch value is above 70 and not to buy a security when RSI+Stoch is below 30 ... and so on.) These columns gives important information about how well or otherwise the decision of buying/selling is with regards to the conventional indicators.

The tickers are also hyper-linked to Yahoo so that one can quickly get the current quotes etc of the security from Yahoo.

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FootNote 1 - The regression is more pronounced in MFs and ETFs. MFs and ETFs are unlikely to suffer the fate of some of the Stocks such as bankrupcy. Also there is no question of an ETF getting bought out by another ETF.