Description
MarketSentiment is a technical indicator that estimates the prevailing market sentiment based on the relation of the recent close prices to the historical highs and lows. Higher indicator values may signify that the bullish sentiment is currently prevailing. Lower indicator values may suggest that the sentiment is currently on the bearish side.
Plots
| Plot | Description |
|---|---|
MarketSentiment
|
The MarketSentiment plot. |
Example
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.