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S&P500 overbought/sold indicator

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This is the first version of the program, I'am currently designing the new version with MVC + DAO + improved GUI

S&P500 index overbought/sold indicator

Calculates the number of S&P500 stocks under 50 day moving average. When the indicator value is over 80%, it could indicate that the market is oversold and there could be a good opportunity to buy, likewise when the indicator is under 20% there could be a good opportunity to sell. Stock data is downloaded from Yahoo Finance. SQLite is used as a database to store the stock data.

config.txt : The date when the database was last updated

sp500.db : Database file

SP500.txt : S&P500 stock symbol file

How to use

  • Copy config.txt, sp500.db, SP500.txt and SP500Indicator into same directory
  • Run the .jar file
  • Program will automatically update the stock data and calculate the new indicator values and draw the graph

If the stock data is not updated regularly, it will take a considerable amount of time to calculate the new indicator values !

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