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
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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.