Why are some individual sentiment values so high?
The ISEE Index value is a single value calculated on hundreds of securities and large trades of individual securities are smoothed out due to the sheer number of securities included in the calculation. For example, when the ISEE Index 52-week high is 212 and the 52-week low is 51. Calculations on individual securities have a much greater range of values, i.e. for a well-known technology company the 52-week high is 21,009 and the 52-week low is 22. The higher value represents more opening long call buying.
