Absolute Breadth Index Definiton

Invented by Norman Fosback. It shows how much activity and volatility is happening on the New York Stock Exchange, regardless of price direction. It is calculated by taking the absolute value of the difference between increasing elements and decreasing emissions.

Related words

ABC Consumer Comfort IndexAbandoned BabyAccount Statement ReportAppreciationArbitrageADP Non Farm Employment ChangeAsk priceAscending Trend LineAverage Effective DurationAAA+ Bank DefinitonABC Elliot wavesAbove the market - limit orderAbsolute Breadth IndexAverage directional indexAverage directional indexAggregationAverage DownAverage Directional MovementAlpha coefficientAnaumeAndrews MethodAccumulation and Distribution