Breadth Indicators

Breadth indicators are powerful market indicators that require very intensive calculations. They help us explain the movements of a stock index by examining the collective behavior of its component stocks. We currently publish 320 breadth indicators that are based on 9 of the stock indices that we track. These are:

We apply the Moving Average, the Relative Strength Index (RSI), and New Highs/Lows to each index component. This is done repeatedly with different parameters, where appropriate, and the results are compiled according to the following criteria:

  • The number of stocks that are at new highs (or lows) and their difference (NH-NL)
  • The number of stocks that are currently trading above their moving average
  • The number of stocks with RSI above 70 (the price has risen rapidly)
  • The number of stocks with RSI below 30 (the price has declined rapidly)
  • The average value of the RSI for all stocks

All our breadth indicators are available for the last 3 years to show past performance. We maintain short and longer term versions of these indicators to suit different trading strategies.

Stock Index:    Indicator: Indicator Smooth.:  Range:  Theme: