Home > Glossary > Swing Index

Meaning / Definition of

Swing Index

Categories: Stocks, Technical Analysis,

Component of the Accumulation Swing Index that determines the "real" price of a security by examining current and previous period pricing and the relationships that existed during those time periods. The index uses 10 different variables to determine the "real" price of the index. The following formula is used to arrive at that price: 50 * [ { Cy - C + 0.5(Cy - Oy) + 0.25(C - O) } / R ] * (K / T) Each letter represent a different variable. C = Today's closing price, L = today's lowest price, O = Today's opening price, Cy = Yesterday's closing price, Ly = Yesterday's lowest price, Oy = Yesterday's opening price, Hy = Yesterday's highest price, K = The larger of either (Hy - C) or (Ly - C), R = A variable based on the relationship between today's closing price and yesterday's high and low, T = The limit move value.

Featured term of the day

Definition / Meaning of

Mere Descriptiveness

Categories: Patent,

statutory basis (trademark act Section 2(e)(1), 15 U.S.C. Section 1052(e)(1), TMEP 1209 et seq. for refusing registration of trademarks and service marks because the proposed mark merely describes an ingredient, quality, characteristic, function, feature, purpose or use of the specified goods or services. With regard to trademark significance, matter may be categorized along a continuum, ranging from marks that are highly distinctive to matter that is a generic name for the goods or services. The degree of descriptiveness can be determined only by considering it in relation to the specific goods or services. At one extreme are marks that are completely arbitrary or fanciful. Next on the continuum are suggestive marks, followed by merely descriptive matter. Finally, generic terms for the goods or services are at the opposite end of the continuum from arbitrary or fanciful marks. The major reasons for not protecting descriptive marks are: (1) to prevent the owner of a mark from inhibiting competition in the sale of particular goods or services; and (2) to maintain freedom of the public to use the language involved, thus avoiding the possibility of harassing infringement suits by the registrant against others who use the mark when advertising or describing their own products. (See also descriptive mark)

Most popular terms

1. Insurer Insolvency Exclusion
2. Severance Pay
3. Other Structures: Homeowners Policy
4. Hybrid Mortgage
5. Portable Benefits
6. Principal Register
7. Self-supporting Bond
8. Stale Price Arbitrage
9. No-load Mutual Fund
10. Stable Value Fund

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital