Traders and investors use in order to assess the index’s overall health. can be a reliable, if not an accurate, indicator of an upcoming price rise in the index. Similarly, it can also provide early warning signs for a future price decline.
What is it？
indicators analyze the number of stocks advancing relative to those that are declining in a given index or on a stock exchange.
refers to how many stocks are participating in a given move in an index or on a stock exchange. An index may be rising yet more than half the stocks in the index are falling because a small number of stocks have such large gains that they drag the whole index higher.
How it works?
studies attempt to uncover strength or weakness in the movements of an index that are not visible simply by looking at a chart of the index.
Add percentage of the total score.
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