Stock Quote        
  Join        Login  
logo

Back to TOC >> Breadth Thrust

Breadth Thrust

The Breadth Thrust indicator is a ten period simple moving average of the Advance/Decline Line Breadth. A Breadth Thrust formation is defined as when the Breadth Thrust indicator moves from below 40% to above 61.5 percent within a ten day period. This indicates that the market is rapidly moving from an oversold condition to a strong up trend. A Breadth Thrust formations are rare and are a very good indicator of a bull market.

The Breadth Thrust indicator was developed by Dr. Martin Zweig.

Formula:
Chart Example



Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.