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Technical analysis rating: oscillators and moving averages summary

How the technical analysis rating works in SuperCharting: the Oscillators, Summary and Moving averages gauges, how each row votes, and its limits.

A technical analysis rating turns 26 common indicators into one word, from Strong sell to Strong buy, so you can see at a glance whether oscillators and moving averages lean up or down on a timeframe. In SuperCharting it lives in the Technicals panel (Products menu) and on the Technicals tab of each public symbol page. The rating is a summary of what indicators are doing right now. It is not advice, a forecast or a trade signal.

The three gauges

The panel draws three semicircle gauges, each split into five zones: Strong sell, Sell, Neutral, Buy and Strong buy.

• Oscillators: the rating of the 11 oscillators.
• Summary: the larger gauge in the middle, the overall rating of all 26 indicators.
• Moving Averages: the rating of the 15 moving averages.

Under each gauge are the Sell, Neutral and Buy counts. Below sit two tables, Oscillators and Moving Averages, with each indicator's value and action.

How each row votes

Every row gives one of three actions: Buy, Sell or Neutral. If the value is missing, the row shows a dash and is not counted.

The 11 oscillators

• Relative Strength Index (14): Buy when RSI is under 30 and rising; Sell when it is over 70 and falling. See the RSI guide.
• Stochastic %K (14, 3, 3): Buy when %K and %D are both under 20 and %K crosses above %D; Sell when both are over 80 and %K crosses below %D.
• Commodity Channel Index (20): Buy when CCI is under −100 and rising; Sell when it is over 100 and falling.
• Average Directional Index (14): Buy when ADX is above 20 and +DI crosses above −DI; Sell when ADX is above 20 and +DI crosses below −DI.
• Awesome Oscillator: Buy when it crosses above zero, or when it is above zero and dips for one bar then turns up again; Sell is the mirror below zero.
• Momentum (10): Buy when momentum is higher than on the previous bar; Sell when it is lower.
• MACD Level (12, 26): Buy when the MACD line is above its signal line; Sell when it is below. See the MACD guide.
• Stochastic RSI Fast (3, 3, 14, 14), Williams Percent Range (14), Bull Bear Power and Ultimate Oscillator (7, 14, 28): the action is taken from the market data's own rating for that indicator (positive is Buy, negative is Sell, zero is Neutral).

Most oscillator rules need an extreme reading plus a turn, so in calm markets many sit at Neutral.

The 15 moving averages

• EMA and SMA of 10, 20, 30, 50, 100 and 200 (12 rows): Buy when the average is below the last price, Sell when it is above. See the moving averages guide.
• Ichimoku Base Line (9, 26, 52, 26), Volume Weighted Moving Average (20) and Hull Moving Average (9): the action comes from the market data's own rating for each.

Moving averages almost never say Neutral, so this gauge moves quickly towards Buy in an uptrend and towards Sell in a downtrend.

How the summary word is derived

Each gauge's word comes from a rating number between −1 and 1 supplied with the market data (the same values TradingView publishes for its technical ratings). SuperCharting turns that number into a word with fixed bands:

above  0.5          Strong buy
above  0.1 to 0.5   Buy
−0.1 to 0.1         Neutral
−0.5 to below −0.1  Sell
below −0.5          Strong sell

The needle points at the number itself. The Sell, Neutral and Buy counts under the gauge are worked out by SuperCharting from the table rows. Because the word comes from the rating number, not a head count, the two can look out of step, such as a Neutral word with slightly more Buy rows than Sell rows. The Summary counts add both tables together.

The same five words appear in the Technical rating column (1D) of the Crypto pairs and Forex markets in the stock screener.

How to check a technical rating in SuperCharting

1. Open a chart of the symbol you want, for example NSE:NIFTY.
2. Open the Products menu and click Technicals. The panel opens on the right, on the Technicals tab.
3. Pick a timeframe chip: 1m, 5m, 15m, 30m, 1h, 2h, 4h, 1D, 1W or 1M. The gauges and tables reload for that timeframe.
4. Read the Summary gauge first, then the Oscillators and Moving Averages gauges to see which group drives it.
5. Scroll to the tables to see which rows are Buy, Sell or Neutral and their values.
6. Change the chart symbol; the panel follows the chart and reloads. Your chosen tab and timeframe are remembered in your settings.

Without signing in, open a public symbol page such as /symbols/NSE-NIFTY/technicals/. It shows the same gauges and tables for the daily timeframe only.

Worked example: NIFTY on three timeframes

These numbers are an illustration, not a reading of any real day. Say you open NSE:NIFTY and check three chips:

• 1D: Summary rating 0.42, word Buy. Moving Averages: 13 Buy, 2 Sell. Oscillators: Neutral, with RSI at 61 (neither under 30 nor over 70, so Neutral) and MACD Level above its signal (Buy).
• 1h: Summary rating −0.18, word Sell. Price has slipped under the 10, 20 and 30-bar averages, so those six rows say Sell.
• 5m: Summary rating −0.55, word Strong sell.

The daily trend is up, the hourly is pulling back and the 5-minute is falling hard: a conflict between timeframes, not an error. A trader who only takes setups in line with the daily trend might use this as a filter, waiting until the 1h rating returns to Neutral or Buy before studying the chart. The rating does not choose the entry, stop or size. For more on the index and its sessions, see the NIFTY and BANKNIFTY guide.

Limits: what the rating does not do

• It lags. Every row is built from past bars. Moving averages turn after price turns, so the rating confirms a move rather than predicting one.
• Timeframes disagree. A 5m Strong sell inside a 1D Buy is normal. Pick the timeframe that matches how long you hold a trade.
• It is not your chart's calculation. Values come from market data published for the symbol, not from your broker's candles, so they can differ slightly from the indicators on your own chart. Results are kept for up to a minute in the panel.
• Fixed settings. You cannot change the lengths (RSI 14, MACD 12/26 and so on) or the set of 26 indicators.
• Fixed timeframes. Only the 10 chips are offered; custom intervals such as 45m are not.
• No alerts or history. The panel shows the current rating only. It has no alert button and no chart of past ratings.
• Not every symbol has one. When no rating is published, the panel says "Not available for this symbol".

The panel itself says it is not investment advice, and neither is this page.

TradingView is a trademark of TradingView, Inc.; SuperCharting is not affiliated with it.

Frequently asked questions

Does "Strong buy" mean I should buy?

No. Strong buy only means the combined indicator rating is above 0.5 on that timeframe. It is a summary of indicators, not advice, and it says nothing about your entry, stop or risk.

Why does the word not match the Buy and Sell counts?

The word comes from the rating number supplied with the market data. The counts come from the table rows. They usually agree in direction, but they are not the same calculation.

Can I see the technical rating for NIFTY today without an account?

Yes. The public page /symbols/NSE-NIFTY/technicals/ shows the daily gauges and tables. Other timeframes are in the Technicals panel inside the app, which is currently free to use.

Which timeframe should I use?

The one you trade on, plus one higher timeframe as a filter, such as 15m with 1h, or 1D with 1W.

Can I set an alert when the rating changes?

Not on the rating itself. You can set alerts on the underlying indicators, such as RSI or a moving average cross, on your chart.