释义 |
breadth of market Breadth of the MarketThe relative strength of a price movement either upward or downward. One may think of breadth of the market as the likelihood of the persistence of an upswing or a downturn in a security's price. Technical analysts use various measure of market breadth to make their recommendations or investments.breadth of market The underlying strength of stock market movements in an upward or a downward direction. Determining breadth of market is important to technical analysts when they forecast whether a given market movement is likely to persist. Among numerous measures of breadth of market, the advance-decline index is one of the most popular. Also called market breadth. |