Breadth Indicator financial definition of Breadth 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
References in periodicals archive
We also want to see the High-Low indicators start climbing again, but we may remove the hedge before then if other breadth indicators
strengthen enough to warrant it.
The cumulative New Highs minus New Lows indicators are some of our favorite breadth indicators
-- when the line is rising we want to be long the market and when it's falling we want to be short or hedged.
com/prn02 Short-term breadth indicators
are negative but in oversold territory, notes S&P Market Analyst Paul Cherney.