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Disparity index

How far is the close from its average, in %, and is that a lot for this market? From your closes.

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The closes

Oldest first, separated by commas or spaces. With a 14-bar average, at least 15 closes. The sample is gold.
14 bars is common.

The disparity index

The disparity index is +2.38%: the close is 2.38% above its 14-bar average of 2,386.74.

The direction
It was +2.25% on the bar before, so it is rising. The close last crossed above its average 20 bars ago.
Against your bars
It is higher than 95% of the other 66 readings in your bars: one of the most stretched above the average in these bars. The highest reading was +2.74% (17 bars ago) and the lowest -1.82% (39 bars ago).
Read it with care
A stretched reading says the close is far from its average, not that it must come back: in a strong trend it can stay stretched for a long time. What counts as stretched differs from market to market, so the page ranks it against your own bars.

The close, its 14-bar average and the disparity index on the last bars. The last bar is marked.

BarClose priceAverageDisparity
5 ago2,399.102,354.43+1.90%
4 ago2,412.502,361.42+2.16%
3 ago2,430.802,367.29+2.68%
2 ago2,427.402,373.05+2.29%
1 ago2,432.402,378.89+2.25%
Last2,443.602,386.74+2.38%

Education only, not investment advice. The answer comes from the numbers you typed in, not from your account or the market. Simulated results are hypothetical and have limits: real trading has slippage, gaps, changing results and emotions. Trading leveraged products can lose money quickly, including all of it. Risk warning

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How far from the average?

The disparity index is the close's distance from its moving average, in % of the average. Steve Nison described it as a tool used by Japanese traders: above zero the close is over its average, below zero under it, and a reading far from zero shows a stretched move. Because a 2% gap is a lot in one market and nothing in another, the page ranks today's reading against every reading in the bars you paste.

Measure the same stretch in standard deviations with the z-score calculator, draw fixed bands with the moving average envelope, and compare averages with the moving average calculator.

Not advice. Arithmetic on the closes you type; past readings do not promise future ones.

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