- A specific type of indicator that uses advancing and declining issues to determine the amount of participation in the movement of the stock market.
There are several different types of breadth indicators used by technical analysts.
Investment dictionary. Academic. 2012.
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Breadth of Market Theory — A technical analysis theory that predicts the strength of the market according to the number of stocks that advance or decline in a particular trading day. The breadth of market indicator is used to gauge the number of stocks advancing and… … Investment dictionary
Breadth of market — is an indicator used in security analysis. In its simplest form it is computed on a stock market by taking the ratio of the number of advancing stocks to declining stocks. Bibliography The complete guide to market breadth indicators by Gregory … Wikipedia
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Hybrid Indicator — A technical indicator that combines core elements of chart analysis with existing indicators. Hybrid indicators are one of the two main types of technical indicators, the other being unique indicators. The term may also refer to an indicator used … Investment dictionary
Toraku Index — A technical indicator that compares the number of advancing stocks on the Tokyo Stock Exchange to the number that are declining. The result is used by technical traders to determine the likelihood of a market correction. This indicator would be… … Investment dictionary
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Arms Index - TRIN — A short term technical analysis breadth indicator calculated as the following: TRIN) /> TRIN stands for TRaders INdex. A ratio of 1 means the market is in balance; above 1 indicates that more volume is moving into declining stocks; and below 1… … Investment dictionary
McClellan Oscillator — The McClellan Oscillator is a market breadth indicator used by financial analysts of the New York Stock Exchange to generally indicate the rate of money entering or leaving the market and interpretively indicate overbought or oversold conditions… … Wikipedia