Investments
Investments
11th Edition
ISBN: 9781259277177
Author: Zvi Bodie Professor, Alex Kane, Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 12, Problem 14PS
Summary Introduction

To calculate:

The breadth for NASDAQ using data in figure 9.7 and whether it is bullish or bearish

Introduction:

Market Breadth: It is a technique which was used in technical analysis. It is the ratio which compares the total number of rising stock to the total number of falling stock. The common measure of breadth is the difference between advance and decline stock.

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