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  1. #1
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    Default Charting - Trendlines and trading halts

    Gidday chartists,

    What do you do when a trading halt interferes with a chart?
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  2. #2
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    Default

    Maybe nothing. A trading halt is just days without sales and that can happen anyway.
    Do you have a specific instance in mind?

  3. #3
    Senior Member Lego_Man's Avatar
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    Default

    I imagine he's asking if it can distort your indicators...and if so, what effect this has.

  4. #4
    Legend peat's Avatar
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    Whanganui, New Zealand.
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    Default

    yeh I dont let it change anything
    hate it when the data feed has errors that cause large (false) spikes and this throws the indicators all out...
    both my platforms have this in USD/JPY at the moment and when I send an email to the providers they both go blah blah blah and nothing changes.
    For clarity, nothing I say is advice....

  5. #5
    Primate dartMonkey's Avatar
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    Default

    Peat you should be able to change the data manually but I suppose it keeps changing it back each day you download your data.
    You could always send them a copy of your avatar with an appropriate ominous message ...
    The secret of eternal youth is arrested development.

  6. #6
    Advanced Member airedale's Avatar
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    Default

    Quote Originally Posted by AMR View Post
    Gidday chartists,

    What do you do when a trading halt interferes with a chart?
    Ahoy AMR,

    In sailing ship jargon it means that you are becalmed....waiting for the trade winds to blow again.

  7. #7
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    Default

    Thanks for the responses all,

    I was just looking through some charts i.e NXS
    Disclaimer: Do not take my posts seriously. They are only opinions.

    AMR has sold all shares and is pursuing property.

  8. #8
    Member
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    Apr 2010
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    307

    Default 52 Week highs and lows

    Not sure if this has been asked elsewhere but I have noticed that the 52 week highs and lows listed on ASB securities and on the NZX web site are different. I asked ASB why this is and here is their reply :

    Hi BDL,

    Here is the explanation I have had back from our IT department. I hope
    this helps.

    Kind regard

    Turns out to be a simple explanation.

    The NZX, Findata and Iress 52week figures are UNADJUSTED for corporate
    actions etc

    Iguana2 figures are ADJUSTED.

    Adjusting the figures for the 52wk data in our opinion is the CORRECT
    thing to do.

    RBD has had a number of small share issues during the year, hence our
    52week figures are slightly different.

    Look at GEL as an example. They had a 1 for 5 consolidation earlier in
    the year.

    NZX report their figures as
    http://www.nzx.com/markets/nzax/GEL
    52wk high as 42c
    52wk low as 6c

    Iguana reports as
    http://xml.iguana2.com/stock-quote?E...iveness=LIVE&S
    tockDesc=1&StockQuote=1&StockAggregates=ytd
    52wk high as 42
    52wk low as 25c

    Here is an adjusted charts for GEL
    http://asb.iguana2.com/chart/asb/his.../1/line/0/0/li
    near/vol

    And here is an unadjusted

    http://asb.iguana2.com/chart/asb/his.../0/line/0/0/li
    near/vol

    The 52week adjusted figures are far more useful.

    Hope this explains things.

    I was just wondering if everyone else already new this and I was the only one that did not realise this. Makes charting from incredible charts to ASB numbers not quite match up.

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