Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 5 terms
Measures of how many individual stocks are participating in a move, as distinct from what the index level is doing.
India in 2018 is the clean domestic example: the NIFTY at new highs while most listed stocks were in their own bear market. It tells you what kind of market you are in, not what to do on Tuesday.
A breadth measure counting how many stocks rose against how many fell in a session.
An index up while decliners outnumber advancers is a rally carried by a handful of heavyweights. Sustained, that is the classic warning that the typical stock has already turned.
A breadth measure counting stocks making fresh 52-week highs against those making fresh 52-week lows.
In a healthy advance new highs vastly outnumber new lows. Expanding new lows while the index still rises means damage is spreading beneath the surface.
A breadth measure: the share of stocks in a universe trading above their own 200-day moving average.
Above 70% is a broad bull market; below 25% is washout territory, where major bottoms have tended to form.
The condition in which several indicators appear to confirm one another while being different arrangements of the same underlying price data.
RSI, Stochastic, Williams %R, CCI and the MACD histogram all agreeing is one opinion reported five times. New information has to come from a different input — volume, breadth, relative strength.