McClellan Summation of Indexed Data Calculator
Simple statistics calculator which is used to calculate the McClellan summation of indexed data from the known values.
McClellan Summation of Indexed Data Calculation
Simple statistics calculator which is used to calculate the McClellan summation of indexed data from the known values.
Code to add this calci to your website
Formula:
Today's 5% Index = ((Today's Adv minus Decl - Prior Day's 5% Index) * 0.05) + Prior Day's 5% Index
Today's 10% Index = ((Today's Adv minus Decl - Prior Day's 10% Index) * 0.10) + Prior Day's 10% Index
Summation Index = 1000 - (9 * 10% Index) + (19 * 5% Index)
where,
Today's Adv minus Decl = Todays Advances minus Declines