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ATR-Normalized SMA Relative Strength vs Benchmark (20/40/60)

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Compares the relative strength of a asset vs the index using SMAs on a 20,40,60 day basis and compares trend strength. Adjusted by ATR to fairly compare assets with varied volatility. All periods are equally weighted at 1/3rd of calculation. Use to identify over/under preforming stock in the S&P500. A measurement of +1 means a stock is 1 ATR above the index, or out preforming by 1 full daily candle range.

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