Meaning Absolute Breadth Index
What does Absolute Breadth Index mean? Here you find 3 meanings of the word Absolute Breadth Index. You can also add a definition of Absolute Breadth Index yourself
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Absolute Breadth IndexDeveloped by Norman Fosback, the ABI is equal to the absolute value of the difference between the advancing issues and the declining issues. It shows how much activity and volatility is taking place o [..]
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Absolute Breadth IndexDefinition Market indicator that calculates the level of volatility in the market. This does not factor in price direction. ABI is typically calculated using the New York Stock Exchange, but can use a [..]
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Absolute Breadth IndexAbsolute breadth index is a market indicator. This is used to determine volatility levels in the market without factoring in price direction. Absolute breadth index is calculated by taking the absolut [..]
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