Replies to post #26734 on Market & Research Corp. (fka MTRE)

[$oldier Hard]

I'm watchin the CMF as well. Everything looks good to me.
http://stockcharts.com/h-sc/ui?s=MTRE&p=D&b=5&g=0&id=p28677669397
The Chaikin Money Flow oscillator was developed by Marc Chaikin and is based on the Accumulation/Distribution.

The Accumulation Distribution indicator is used in technical analysis to define the degree of buying or selling pressure. If a stock trades in the upper half of its period's range, the buying pressure is dominant and the volume associated with this trading range is considered to be Bullish Volume. Alternatively, if a stock trades in the lower half of its period's range, the selling pressure is dominant and the volume associated with this trading range is considered to be Bearish Volume. The formula of Accumulation Distribution is

Accumulation Distribution = Sn (CLV x Volume)

where n is the number of periods (bars) that are used and CLV is Close Location Value, which is calculated as

CLV = ((Close - Low) - (High - Close)) / (High - Low)

The Chaikin Money Flow (CMF) is calculated as sum of Accumulation/Distribution over specified period divided by sum of volume for the same period:

CMF = Sn (Accumulation Distribution) / Sn (Volume)

Like Accumulation Distribution, the Chaikin Money Flow Oscillator (CMF) is a good representation of the buying and selling pressure. In technical analysis, CMF is considered bullish when it is positive and bearish when it is negative.