ValueRay Market-Breadth ➤ High Accuracy Market Indicator
High precise Contrarian Market-Breadth Indicator based on seven Momentum Indeces and combined with our Reversal Oscillator.
Stocks above MA

52 Week High Low (all NYSE)

Advance Decline Line (Detrended)

When to Buy
> 90% + Slope turning Down: Short
> 85% + Stable Slope Down: scale in Short Positions
< 10% + Slope turning Up: Long
> 85% + Stable Slope Down: scale in Short Positions
< 10% + Slope turning Up: Long
When to Sell
> 95%: Sell all Long
> 90%: Tight SL on Long Positions
Burst Move ±20% or < 15% or > 85%: TP 50%
< 10%: Tight SL on Short Positions
< 5%: Sell all Short
> 90%: Tight SL on Long Positions
Burst Move ±20% or < 15% or > 85%: TP 50%
< 10%: Tight SL on Short Positions
< 5%: Sell all Short
Recommend Options
> 80% + Slope Down: Bear Call Spread
< 30% + Slope up: Short Iron Condor
< 20% + Slope Up: Bull Put Spread
< 10% + Slope Turn Up: Bull Call Spread
< 30% + Slope up: Short Iron Condor
< 20% + Slope Up: Bull Put Spread
< 10% + Slope Turn Up: Bull Call Spread
We developed a contrarian market breadth indicator, based on seven different momentum indices - a sophisticated approach to assess market sentiment. Our contrarian indicator looks for divergences between market sentiments and price movements. Here's a deeper dive what we take into account:
Symbol | Description | Alternatives |
---|---|---|
MMTW | Percent of Stocks Above 20-Day Average Overall | S5TW for NYSE / NDTW for Nasdaq |
MMFI | Percent of Stocks Above 50-Day Average Overall | S5FI for NYSE / NDFI for Nasdaq |
MMTH | Percent of Stocks Above 200-Day Average Overall | S5TH for NYSE / NDTH for Nasdaq |
MALN | 52 Weeks Lows New York Stock Exchang NYSE | MALQ for Nasdaq |
MAHN | 52 Weeks High New York Stock Exchang NYSE | MAHQ for Nasdaq |
ADVN (or NSHU) | Advancing Stocks NYSE | ADVQ for Nasdaq |
DECN (or NSHD) | Declining Stocks NYSE | DECQ for Nasdaq |