TERMIUM Plus®

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INDEX DIVERGENCE [4 records]

Record 1 2011-08-29

English

Subject field(s)
  • Stock Exchange
CONT

A technical indicator is a series of data points that are derived by applying a formula to the price data of a security. Price data includes any combination of the open, high, low or close over a period of time. Some indicators may use only the closing prices, while others incorporate volume and open interest into their formulas. The price data is entered into the formula and a data point is produced. For example, the average of 3 closing prices is one data point ((41+43+43) / 3 = 42.33) ... A series of data points over a period of time is required to create valid reference points to enable analysis. By creating a time series of data points, a comparison can be made between present and past levels. For analysis purposes, technical indicators are usually shown in a graphical form above or below a security’s price chart. Once shown in graphical form, an indicator can then be compared with the corresponding price chart of the security.

CONT

Technical indicators look to predict the future price levels, or simply the general price direction, of a security by looking at past patterns. Examples of common technical indicators include the relative strength index, the money flow index, stochastics, the MACD [moving average convergence divergence] and the bollinger bands.

French

Domaine(s)
  • Bourse
CONT

Un indicateur technique est une série de points utilisée pour analyser les titres boursiers dans le but de prédire l'évolution des cours. L’indicateur est une formule mathématique qui utilise le prix et/ou le volume d'un titre sur une période donnée pour mettre en évidence et exploiter des situations de marché. Ils mesurent la vitesse et la qualité du mouvement des prix et servent à identifier : les situations d’excès à la hausse et à la baisse par des niveaux de surachat ou de survente; l’essoufflement de la tendance en cours grâce aux divergences [et] la dynamique du marché grâce aux indicateurs de suivi de tendance.

Spanish

Save record 1

Record 2 2010-09-27

English

Subject field(s)
  • Optics
  • Atomic Physics
CONT

The thermal lens effect was discovered when transient power and beam divergence changes in the output of a helium-neon laser [were observed] after placing "transparent" samples in the laser cavity. It is a photothermal effect and results when energy from a laser beam passing through a sample is absorbed, causing heating of the sample along the beam path. The lens is created through the temperature dependence of the sample refractive index.

French

Domaine(s)
  • Optique
  • Physique atomique
CONT

Complémentaires de la spectrophotométrie d’absorption, des méthodes nouvelles de spectroscopie laser apparaissent, où l’absorbance est déterminée non par la mesure des photons transmis, mais par celle d’effets secondaires. Dans l’effet de lentille thermique, l’absorption du rayonnement laser provoque une augmentation de température qui modifie l’indice de réfraction; la solution se comporte comme une lentille divergente. La modification de divergence est proportionnelle à la concentration de l’espèce absorbante; elle est déterminée par mesure au centre d’une photodiode de la variation de l’intensité lumineuse d’un faisceau sonde.

Spanish

Save record 2

Record 3 1994-10-01

English

Subject field(s)
  • Stock Exchange
DEF

Often used as a measurement of market sentiment (i.e., relative bullishness or barrishness of the stock market).

CONT

For instance, you will often read of a "significant divergence" developing between a major index and the cumulative advance decline index for the market in question.

French

Domaine(s)
  • Bourse
DEF

Indice boursier illustrant le nombre d'actions ayant monté, au terme de la journée, par rapport à celles qui ont baissé.

CONT

Le comportement émotif est mesuré par des indicateurs, tels l'indice hausse-baisse, l'oscillateur de volume en hausse/en baisse [On-Balance Volume], le ratio de positions à découvert [...], etc.

Spanish

Save record 3

Record 4 1991-09-19

English

Subject field(s)
  • Statistical Surveys

French

Domaine(s)
  • Sondages et enquêtes (Statistique)

Spanish

Save record 4

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