TA mark is based on close price from ZSE. The TA mark formulae includes 4 indicators and liquidity evaluation. Particular security is liquid if:
50-day trading period has at least 17 days with turnover >0
average 5-day volume greater or equal 1/5 100-day average volume
5-day average turnover greater than 10000 kn
Non liquid security has no TA mark and has a sign.
INDICATORS
ADX (Average directional movement index)
ADX measures the strength of the current trend. It is derived from two other indicators:
DI+ measures the force of the up moves
DI- measures the force of the down moves
RSI (Relative strength index)
RSI (a momentum indicator) compares the average price change of the advancing periods with the average change of the declining periods.
TRIX
TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security's closing price.
Williams %R
William %R shows the relationship of the close relative to the high-low range over a set period of time.
These 4 indicators combined by 25% each consist the TA mark.
sign.
