TradingView
AlgoXOR
May 29, 2020 9:58 AM
SPY Relative
NASDAQ:AAPL
5
Apple Inc.
NASDAQ
Description
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May 29, 2020 9:58 AM
Shows an instrument's sentiment in a day (or week) compared to the market (SPY default). The Red line shows bearish sentiment compared to the market and the green is bullish. Technically this works like a proxy for Alpha/Beta factor.
Relative Strength Comparison
SPDR S&P 500 ETF (SPY)
beta
Comments
ChaimFarkas
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Feb 7, 2023 3:35 PM
it does not work ouch please make it work
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