I was very happy to discover the Net Change indicator today, but I was puzzled when the calculation didn't seem to add up.
To be clear:
Net change = (Last Price -. Close Prior Session) / Close Prior Session
Right?
I could have supplied the arithmetic, but as can be seen, I have measured a 51,00 point move from the prior close to the last traded price.
Yet, the indicator says 55,00 point difference.
And 2,00 % change. Calculated from the prior Close, it should be a 1,85 % change, I think.
Either I'm doing something wrong or have understood the metric OR the indicator is using a different settlement/close price than what's on the chart.
Any advice?
Thanks.
Johnny
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