Breadth Thrust Indicator

Описание: The Breadth Thrust Indicator, developed by Martin Zweig, is a technical analysis tool used to gauge market momentum and identify the potential start of a new bull market. It’s calculated by taking the ratio of advancing stocks to the total number of advancing and declining stocks on an exchange (typically the NYSE), then applying a 10-day moving average to that ratio. A signal is triggered when this average surges from below 40% (indicating an oversold market) to above 61.5% within a 10-day period—a rare occurrence that historically precedes strong market rallies.