Calculate Midpoint Values for a Specified Period in Excel
The MidPointOverPeriod function helps you quickly pinpoint the midpoint of price data for a given Symbol over a defined time span. By leveraging MarketXLS’s direct data integration, this function streamlines your technical analysis and trading strategy by providing a clear snapshot of historical price midpoints.
Why Use This Function?
- Quickly identify midpoints in price data for more informed trading decisions.
- Great for confirming support and resistance levels when analyzing market trends.
- Offers a flexible time period (e.g., 5 days, 14 days, or 20 days) to suit short-, medium-, or long-term analysis.
- Simplifies data gathering by automatically retrieving values from MarketXLS’s data feed in Excel.
- Optional start date parameter lets you fine-tune historical lookbacks, enabling specialized or backtested strategies.
How to Use in Excel
=MidPointOverPeriod(Symbol, [Days], [StartDate])
- In any cell, type “=MidPointOverPeriod(” and enter your symbol in quotes (e.g., "AAPL").
- Optionally specify the number of Days (e.g., 14) to define the calculation window.
- Optionally specify a StartDate to focus on data beginning from a specific date. If omitted, the function uses the current date.
- Press Enter to see the result automatically pulled into your spreadsheet.
KEY NOTES:
• If the Symbol or license is invalid, the function returns “NA.”
• If Days = 1, the result is “NA,” since single-day data is insufficient for the midpoint calculation.
• If you provide a StartDate older than the recognized threshold, the function defaults to the standard endpoint (ignoring the date).
Parameters Explained
Parameter | Description | Example Values | Notes |
---|---|---|---|
Symbol | The ticker symbol for which you want the midpoint calculation. | "AAPL", "MSFT", "TSLA" | Must be a valid symbol. If invalid or missing, returns "NA." |
Days | Optional. Number of days over which midpoint is calculated. Default is 14. | 5, 14, 20 | If left blank, automatically defaults to 14. If set to 1, outputs "NA." |
StartDate | Optional. The date from which to begin the calculation. Defaults to today. | "1/1/2021", "3/10/2022" | If the year is before 1978, the function reverts to using no specific start date. This helps avoid invalid or incomplete data. |
Example Usage
Basic Examples
-
Retrieve the 14-day midpoint for Apple (AAPL):
=MidPointOverPeriod("AAPL")
• Days default to 14 when not supplied. -
Specify Days for a shorter period (e.g., 10-day midpoint for Microsoft):
=MidPointOverPeriod("MSFT", 10)
• Focuses on the last 10 trading days up to the current date. -
Use a custom StartDate (e.g., begin at January 1, 2021):
=MidPointOverPeriod("TSLA", 30, "1/1/2021")
• Grabs the midpoint based on a 30-day window starting from January 1, 2021.
Advanced Scenarios
-
Long-Term Trend Analysis
• If you want the midpoint over a 50-day period starting six months ago to detect trend shifts, you could do:
=MidPointOverPeriod("NVDA", 50, "3/1/2022")
• This is helpful for detecting pivotal points in a mid-term trading strategy. -
Comparative Analysis Across Symbols
• Place multiple MidPointOverPeriod formulas in adjacent columns for different symbols (e.g., "GOOG", "AMZN," and "AAPL").
• Compare midpoints side-by-side to analyze which stocks might have stronger support zones. -
Integrating with Other Functions
• Use the results of MidPointOverPeriod in other Excel formulas (e.g., to calculate differences between two midpoints).
• For example:
=IF(MidPointOverPeriod("SPY", 20) > 400, "Above", "Below")
Common Questions and Troubleshooting
• Why am I getting “NA”?
- Check if the symbol is valid. Also confirm the license is active. Setting Days = 1 will also produce “NA.”
• Can I use future dates for StartDate?
- Yes, but it simply calculates from the latest current data. You typically won’t see a meaningful midpoint if the date hasn’t passed.
• What if I see an unexpected result or no data?
- Make sure the symbol is traded on a recognized exchange. Also verify the date range is appropriate for historical data availability.
• Handling older start dates?
- If your date is before 1978, the function defaults to the standard calculation without the StartDate.
By understanding these details, you can harness the MidPointOverPeriod function as a powerful addition to your MarketXLS technical analysis workflow. Experiment with different date ranges and incorporate results into your larger trading strategies for the best outcomes.