Advance Decline Line for S&P500 and more Market Breadth Indicators
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Advance Decline Line for S&P500 and more Market Breadth Indicators
With this blog post I just wanted to give you a small heads up for our new website advance-decline.net which provides a bunch of market breadth indicators for many indices, including the S&P500.
On our little indicator dashboard, we currently provide:
- Historical data for S&P 500
- Advance Decline Line for S&P 500
- Advanced vs. Declined for S&P 500
- McClellan Oscillator for S&P 500
- McClellan Summation Index for S&P 500
The strong development of the S&P500 during the last trading days was undermined by market breadth data, which usually means that the ongoing trend is stable and healthy. However, we all know that there are also many tech stocks among the S&P500 components, and they've been struggling with various challenges lately (despite the good earnings season).
This makes the S&P500 somewhat vulnerable. Just make sure you thrown an eye on our market breadth data for the S&P500 so you always know about the index health state.
Dow Jones and NASDAQ 100 also available
Surely you know that we also provide market breadth data for the Dow Jones index and the Nasdaq 100 Index. Market breadth usually helps to see the bigger picture behind the "normal" price development.
By the way: If you check out our latest market breadth visualization on Nasdaq 100, you can see the the McClellan Summation Index declined six trading days in a row, reaching a value of more than -15:
This indicator alone should not be used for making trading or investment decisions, but maybe it will help you to understand the current state of the Nasdaq 100.
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- Other Apps
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