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   

Stocks above MA

52 Week High Low (all NYSE)   

52 Week High Low

Advance Decline Line (Detrended)   

Advance Decline

When to Buy

> 90% + Slope turning Down: Short
> 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

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
Market breadth is a crucial concept in the world of finance and investing. It refers to the measure of the overall health and direction of a financial market, typically a stock market, by examining the number of individual assets or securities participating in a particular market move. It is a quantitative assessment that helps investors and analysts gauge the underlying strength or weakness of a market trend.

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