This short-term technical analysis breadth indicator was developed by Richard W. Arms in 1967. The Arms Index, or TRIN (TRading INdex) shows the ratio between the average volume of declining stocks and the average volume of advancing stocks.
The McClellan Summation Index is a market breadth indicator which is the sum of the McClellan Oscillator. While the McClellan Oscillator is use for active trading, the McClellan Summation is for more longer term investing.
Breadth Indicators
The breadth of the market is the number of securities participating in a market trend. Greater breadth helps to confirm either a bullish or bearish trend.
Breadth Indicator
A specific type of indicator that uses advancing and declining issues to determine the amount of participation in the movement of the stock market.
Breadth of Market Theory ...
[edit] Breadth Indicators
These indicators are based on statistics derived from the broad market ...
Volume Breadth indicators is one of the group of volume based indicators that carry advance/decline information as well as volume information.
Is a market breadth indicator, providing a very good measure of overall market strength. (see report)
Advance-Decline Line »Advance-Decline Line report ...
These market breadth indicators represent the number of stocks in a given group that have closing prices that are currently above their 200, 150, or 50-day simple moving average.
It is a market breadth indicator. For calculating the strength of the market the Open-10 TRIN function uses declining or advancing volume and declining or advancing issues.
Advance-Decline Line This is one the best known market breadth indicators. Each day, a certain number...
McClellan Oscillator A breadth indicator derived from each day's net advances (the number of advancing issues less the number of declining issues).
The Upside-Downside Volume Line is a market breadth indicator and should be compared to the other market indices like the Dow Jones or S&P 500. Daily or weekly NYSE data is used in the calculation.
Bull Confirmed Status A term used to describe the current condition of a breadth indicator where the point & figure chart is rising (column of Xs) and has generated a p& ...
Bullish Percent Index (BPI): A popular market breadth indicator that is calculated by dividing the number of stocks in a given group (an exchange, an industry, etc.) that are currently trading with Point and Figure buy signals, ...
The McClellan Oscillator is one of the most popular breadth indicators (another popular breadth indicator is the Advance/Decline Line).
Running down the indicators, our Trend-and-Breadth indicators are moderately positive at the present time (they account for 20% of our daily market model), while our "Price Thrust" indicator is neutral, our "Volume Thrust" indicator is negative, ...
Arms Index (TRIN) The Arms Index is a short term breadth indicator showing whether volume is flowing into advancing or declining issues. Overview The Arms Index is named ...
16. Advance-Decline Line
(News/Latest) ...
The McClellan Oscillator is a market breadth indicator developed by Sherman and Marian McClellan. It is the smoothed difference between advancing and declining issues on the NYSE.
Here is how you can you can incorporate this market breadth indicator into your trading style.
Swing Traders ...
The increasing number of issues traded on the NYSE over the years has caused the McClellan Oscillator and other breadth indicators to reach greater high and low extremes over the years, ...
McClellan Oscillator is a forex technical indicator used in technical analysis. McClellan Oscillator Indicator was developed by Sherman and Marian McClellan. McClellan oscillator is a breadth indicator and is based on the advancing and declining ...
A wealth of information on how to start using advance decline indicators. Includes examples of the technical analysis based on the advance decline issues, advance decline volume, new highs/lows, TRIN, McClellan oscillator and other Breadth indicators.
" -- Gregory L. Morris, Chairman Investment Committee and Chief Technical Analyst, Stadion Money Management, and author of Candlestick Charting Explained and The Complete Guide to Market Breadth Indicators.
Charts is a reference that every technical analyst will want to own." -- Gregory L. Morris, Senior Portfolio Manager, PMFM, Inc, and author of Candlestick charting explained, third edition and The Complete Guide to Market Breadth Indicators.
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