Breadth of market

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.[1]

Bibliography

  • The complete guide to market breadth indicators by Gregory L. Morris 2005 ISBN 0-07-144443-2

References

  1. Technical Analysis by Charles D. Kirkpatrick, Julie R. Dahlquist 2010 ISBN 0-13-705944-2 page 133
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