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


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
©2004-2016 Investor Glossary - All rights reserved - Terms of Use