A technical analysis pattern used to predict large market corrections or crashes in the NYSE. It is named after the famous Hindenburg disaster in 1937. The "omen" is triggered when 1) the daily number of both new 52-week highs and new 52-week lows meets or exceeds 2.8% of all NYSE issues that advance or decline that day 2) the NYSE index is greater in value than 50 trading days ago 3) the McClellan Oscillator is negative the same day and 4) the new 52-week highs are less than double the new 52 week lows (though new lows can be more than double new highs).
Related information about Hindenburg omen:
- Hindenburg Omen - Wikipedia, the free encyclopedia
The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, ...
- Hindenburg Omen Definition | Investopedia
A technical indicator named after the famous crash of the German airship of the late 1930s. The Hindenburg omen was developed to predict the potential for a ...
- Yes Folks, Hindenburg Omen Tripped Again - MarketBeat - WSJ
Aug 23, 2010 ... The Hindenburg Omen reared its ugly head late last week, signaling more doom and gloom as stocks plod along amid the dog days of summer.
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Sep 22, 2010 ... The ominously named Hindenburg Omen occurs for a second time, sparking fears that a stock market crash is coming.
- We Get An Official Confirmed Hindenburg Omen On - Safehaven.com
Jul 28, 2012 ... All the biggies over the past 27 years with the exception of the July/August 2011 decline were preceded and identified by this signal. It was on ...
- 'Hindenburg Omen' Is Seen. Will a Stock Crash Follow? - DailyFinance
Aug 14, 2010 ... Wall Street is whispering about the 'Hindenburg Omen,' a technical indicator that's supposed to signal an upcoming stock market crash.
- Third Hindenburg Omen Confirmation | ZeroHedge
Aug 24, 2010 ... The market is now down 3.4% from the August 12 open, when the first Hindenburg Omen was sighted, on route to validating the prediction of a ...
- Time to Fear the Hindenburg Omen? - CNBC
Aug 13, 2010 ... There is disagreement over whether the New York Stock Exchange is giving signs of the much-feared Hindenburg Omen or not, but investors ...