Asked by Danielle Thompson on Jun 16, 2024
Verified
Cumulative breadth for the 4 days is ________, which is ________.
A) -140; bullish
B) -140; bearish
C) -300; bullish
D) -300; bearish
Cumulative Breadth
A technical analysis tool that measures the advancing and declining stocks on an exchange to assess market direction.
Bullish
A descriptive term for investor sentiment that believes a particular security or market is heading for an increase in prices.
Bearish
A term used in investing to describe the belief that a market, asset, or economy is on a downward trajectory.
- Expound on the principle behind market indicators, including the confidence index, TRIN, and breadth.
Verified Answer
= (870 - 880) + (760 - 990) + (960 - 790) + (840 - 910) = -140
Negative cumulative breadth is bearish.
Learning Objectives
- Expound on the principle behind market indicators, including the confidence index, TRIN, and breadth.
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