The term market breadth has to do with the relationship between up volume and down volume. Understanding Market Breadth: NYSE Advances vs. In this article, we’ll discuss three market internal indicators: NYSE advances versus declines, the advance/decline line, and stocks trading above their 50-, 100-, and 200-day moving averages (MAs).
For example, when price is moving up, are the underlying market internals supporting that move? You still need them, but for now, remember that there’s more to market activity than price. It may be a good idea to “look under the hood” and see what’s really going on beneath those price bars.įor the moment, let’s set aside some of the old-school technical indicators like moving averages, stochastic oscillators, the Relative Strength Index (RSI), and so on. But what you see isn’t necessarily what you get. When the stock markets make strong moves, investors and traders tend to form their own opinions about market direction. Once you know if a trend is likely to continue or reverse, you can revert to old-school technical indicators such as moving averages
Know how to use indicators such as NYSE advances versus declines, the A/D line, and the number of stocks moving above a moving average Understand how market internals can give you a big-picture view of the markets
0 kommentar(er)
