Hi all
The Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a set number of periods.A Stochastics value of 100 shows the stock has closed at the high value of the defined period.A Stochastics value of 0 shows the stock has closed at the low value of the defined period.This week as the Sensex went down data shows that more companies have started coming down from their consolidation level.I took the BSE 500 companies and found their stochastics values.
Stochastics Period 30.
As on July 03 2009
No of Stocks
Stochastics value of above 70 --90
Stochastics value of above 80 --50
As on July 10 2009
No of Stocks
Stochastics value of above 70 --25
Stochastics value of above 80 --15
Stocks that show High stochastic values(Bullish)
Date Stocks Price Stoch(30)
20090710 ADHUNIK MET 84.95 89.954
20090710 ASIAN PAINTS 1173.3 81.43
20090710 CIPLA LTD. 262.05 82.9
20090710 COLGATE PALM 671.45 95.81
20090710 DABUR (I) 130.5 83.953
20090710 HIMADRI CHEM 294.75 92.146
20090710 IL&FS INVTSM 230.05 90.086
20090710 ITC LTD. 210.5 89.187
20090710 JAIN IRRIG 710.05 81.74
20090710 MARUTISUZUK 1104.7 84.511
20090710 MCLEOD RUSSE 117.7 82.466
20090710 MYS CEMENTS 26.7 82.098
20090710 NESTLE (I) 2009.8 89.143
20090710 SHREE CEMENT 1217.5 93.245
20090710 SUBEX LTX 72.5 86.315
20090710 WYETH LTD. 607.55 88.177
The Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a set number of periods.A Stochastics value of 100 shows the stock has closed at the high value of the defined period.A Stochastics value of 0 shows the stock has closed at the low value of the defined period.This week as the Sensex went down data shows that more companies have started coming down from their consolidation level.I took the BSE 500 companies and found their stochastics values.
Stochastics Period 30.
As on July 03 2009
No of Stocks
Stochastics value of above 70 --90
Stochastics value of above 80 --50
As on July 10 2009
No of Stocks
Stochastics value of above 70 --25
Stochastics value of above 80 --15
Stocks that show High stochastic values(Bullish)
Date Stocks Price Stoch(30)
20090710 ADHUNIK MET 84.95 89.954
20090710 ASIAN PAINTS 1173.3 81.43
20090710 CIPLA LTD. 262.05 82.9
20090710 COLGATE PALM 671.45 95.81
20090710 DABUR (I) 130.5 83.953
20090710 HIMADRI CHEM 294.75 92.146
20090710 IL&FS INVTSM 230.05 90.086
20090710 ITC LTD. 210.5 89.187
20090710 JAIN IRRIG 710.05 81.74
20090710 MARUTISUZUK 1104.7 84.511
20090710 MCLEOD RUSSE 117.7 82.466
20090710 MYS CEMENTS 26.7 82.098
20090710 NESTLE (I) 2009.8 89.143
20090710 SHREE CEMENT 1217.5 93.245
20090710 SUBEX LTX 72.5 86.315
20090710 WYETH LTD. 607.55 88.177