01 September 2019
Posted in
sentix Weekly
Positive market breadth for US equities
Market breadth is an important building block in the assessment of stock markets. An indicator for the composition of the market breadth is the "Advance Decline" line. It measures daily how many shares are rising or falling and the cumulative result. Currently, the "AD line" for the S&P 500 reaches a new all-time high and is thus positively divergent from the price trend, which has not yet reached this high. A sign of strength.
Click here for the full report (requires a sentix registration)