Breadth Indicator
Breadth Indicator
Any
indicator that measures the relative strength of a price movement either upward or downward. One may think of a breadth indicator as a measure of the likelihood of the persistence of an
upswing or a
downturn in a
security's price.
Technical analysts use various breadth indicators to make their recommendations or
investments.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive
Sundial Research's Jason Goepfert highlighted Monday that a
breadth indicator was pointing to a "historically split market," as multiple stocks jumped to new 52-week highs while others sunk to 52-week lows.
* Relative
breadth indicator.--Chart the two companies' activity by patent class.
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