Indicator plots percent change of close price for current symbol and a comparative symbol.
You can also plot SMA instead of closing price to add smoothness to the trend.
Objective: Analyze if the stock leads the index or is lead by the index.
Hope this is helpful
Best,
Swan
You can also plot SMA instead of closing price to add smoothness to the trend.
Objective: Analyze if the stock leads the index or is lead by the index.
Hope this is helpful
Best,
Swan
Swan