The Chaikin Volatility Indicator uses the percent change of two moving averages of a volume weighted accumulation-distribution line to determine the volatility of a financial data series. Chaikin quantifies volatility as a widening of the range between the high and the low price of a security. This does not take trading gaps into account as Average True Range does. As shown … [Read more...]
Archives for 09/11/2009
what is Market Breadth
Market breadth is a means of measuring the strength of a trend in a securities market. Market breadth studies include: advancing vs. declining securities; up volume vs. down volume; new highs vs. new lows; number of stocks trading above or below a moving average; etc., in the market or index that is being studied. Market breadth indicators are sometimes referred to as internal … [Read more...]