Breadth of the market(redirected from Breadth of Market Theory)
Breadth of the market
In the context of general equities, percentage of stocks participating in a particular market move. Technical analysts say there was significant breadth if two-thirds of the stocks listed on an exchange move in the same direction during a trading session. See: A/D line.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Breadth of the Market
The relative strength of a price movement either upward or downward. One may think of breadth of the market as the likelihood of the persistence of an upswing or a downturn in a security's price. Technical analysts use various measure of market breadth to make their recommendations or investments.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved