Investor Glossary-stixInvestor Glossary-stixInvestor Glossary-stixInvestor Glossary-stixInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

STIX

The HTML to link to this page
 

STIX is a technical indicator. STIX stands for Short term IndeX. STIX is an exponential moving average of a variation of the advance/decline ratio. STIX compares the number of advancing stocks to the number of stocks advancing and declining. Investors look at STIX to get insight on whether or not the market is trending up or down. STIX is also called STIX oscillator.

STIX is calculated as follows:

STIX (t)= [[A(t)/[A(t)+D(t)]*0.09]+STIX (t-1)*0.91] where

STIX (t): STIX today
A(t): number of advancing stocks
D(t): number of declining stocks
STIX (t-1): STIX yesterday

STIX varies around the value of 50. At 50, advances and declines in stocks are said to be equal. To provide perspective on how the value of STIX can vary, during the 20th century for example, STIX has been as low as 28 and as high as 69. Both those records were set in 1932. Some stock market traders and investors use STIX in an effort to time the market. For example, when the market sells off and STIX gets to a relatively low level (i.e. less than 42), some investors view this as an oversold condition which could, in short order, be followed by a rally.



Rate this STIX definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: required rate of return, ex-dividend, Zero Cost Collar, debt service coverage, quality assurance, class C shares, LIBOR, command economy, stock market close, per diem, VIX, reverse mortgage, 401a, current ratio, implied volatility, labor relations, stock split, deferred tax, APR, cancelled check, 1035 exchange, phantom income, deferred revenue, liquidity ratio, minority interest, in escrow, real GDP, irrevocable trust, average price per share, covered put, inflation, open position, 1031 exchange, Key Rate Duration, margin rate, EBITDA, risk management, retained earnings, 144a, wholly-owned subsidiary, FTSE, dividends payable, limit order, ex-dividend date, balance sheet, FICO score, annual return, option premium, diluted share


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use