Breadth of market

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Market breadth is a technique used in technical analysis that attempts to gauge the direction of the overall market by analyzing the number of companies advancing relative to the number declining. Positive market breadth occurs when more companies are moving higher than are moving lower, and it is used to suggest that the bulls are in control of the momentum. Conversely, a disproportional number of declining securities is used to confirm bearish momentum.



  • The complete guide to market breadth indicators by Gregory L. Morris 2005 ISBN 0-07-144443-2


  1. ^ RAHUL SINGH 2017 ISBN 0-13-705944-2 page 133