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Matt's Market Insights

There is a new charting tool that is becoming increasingly popular among analysts called Relative Rotation Graph (RRG) Charts. These charts have been available on Bloomberg terminals since 2011, and their growing popularity has caused other charting services to adopt the methodology. The inventor of this charting method is Julius de Kempenaer.

At its core, an RRG chart measures the momentum and relative strength of various averages, ETFs and stocks; but it does so in a very unique way. On these charts there is no time axis. Instead, the horizontal axis measures relative strength and the vertical axis measures momentum. Julius developed a specific Relative Strength Ratio which is displayed on the X (horizontal) axis and a specific Momentum indicator which displays on the Y (vertical) axis. Viewing securities in this way allows us to see not only the perfomance of one security against a benchmark (such as in a typical ... Log in or subscribe to continue reading.


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