a) Breadth for NASDAQ
Advances : 1531
Declines : 1324
Net advances : 1531-1324 = 207
Breadth = Net advances + Previous Net advances balance
= 207 +0 = 207
b) The market is considered bullish when the net advances are positive. It is bearish when net advances is negative. Hence the answer is bullish
Technical Analysis and Behavi... A Saved Help Save & Exit Submit FIGURE 9.7 Market diary Source: The Wall Street Jo...
a.
Calculate the trin ratio for NASDAQ
B. Calculate breadth
for NASDAQ using the data in Advances, Declines, and Net
Advancing
FIGURE 9.7 Market diary Source: The Wall Street Journal Online, May 25, 2017 4:06 PM EDT 5/25/2017 Markets Diary Issues NYSE NASDAQ NYSE MKT 130 165 Advancing Declining Unchanged Total 1,569 1,423 124 3,116 1,531 1,324 162 3,017 329 Issues at 238 222 New 52 Week High New 52 Week Low 42 64 Share Volume Total 3,537,923,017 Advancing 1,513,206,869...
a. Calculate breadth for the NYSE using the data in Figure 12.5. Breadth Advances Declines Net advances b. Is the signal bullish or bearish? Bullish Bearish Trading Diary: Volume, Advancers, Decliners Market Diary Issues NYSE NASDAQ Advancing 2,070 1,905 Declining 1,003 896 Unchanged 109 180 Total 3,182 2,981 Issues at New 52 week high New 52 week low 109 88 Share Volume Advancing Declining Unchanged Total 510,372 283,331 10,925 804,628 1,075,611 388,278 24,067 1,487,956 Figure 12.5 Market Diary Source: The...