Investments, 11th Edition (exclude Access Card)
Investments, 11th Edition (exclude Access Card)
11th Edition
ISBN: 9781260201543
Author: Zvi Bodie Professor; Alex Kane; Alan J. Marcus Professor
Publisher: McGraw-Hill Education
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Chapter 12, Problem 20PS
Summary Introduction

To calculate:

Cumulative breadth and identify whether the technical signal stands to be bearish or bullish.

Introduction:

Market breadth refers to the technique which is taken into consideration for technical analysis to measure the overall market's direction. It basically provided analysis with respect to the number of companies that are increasing in comparison to the companies that are declining. There is a positive market breath when more stock advance in comparison to stocks that decline and vice versa.

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