Background on Daily Price Range Averages Table

There is the daily price range table and the daily price range in dollars table. These tables give the minimum (Min), average (Avg), maximum (Max) values of the daily price range for the last 90, 5, 10, 15, 20, 40, and 60 trading days. For the last 90 trading days the tables ALSO give the 68% deviation (Dev) of the values about the average i.e. 68% of all the daily price range values in the last 90 days are contained in the range: average-68%deviation to average+68%deviation. The tables are updated daily around 10pm. The leading deliveries are used for those commodities that are not asterisked. For the asterisked commodities the nearest delivery is used and for them there is often insufficient data to calculate the 90 day deviation. The tables are up-to-date on the day of trading. High daily range values are greater than the 90 day average+68% deviation Low daily range values are lower than the 90 day average-68% deviation Normal daily range values are between average-68%deviation and average+68%deviation The use of this information in a trading strategy is covered elsewhere. Click here for daily price range table Click here for daily price range in dollars table