(orphan) Glossary: Stocks Above Their 200-day Moving Average

A market breadth indicator that represents the number of stocks in a given group that have closing prices that are currently above their 200-day simple moving average. Because the number of stocks in the underlying group can vary from day to day, the actual value of this indicator is less important than the shape of its chart.

Common techniques for using this indicator include locating overbought/oversold levels and finding positive or negative divergences between this indicator and the underlying group's composite index. Standard peak and trough trendline analysis is used in most cases.

StockCharts.com provides two versions of this indicator, one for NYSE stocks ($NYA200) and one from Nasdaq stocks ($NAA200).

Related Terms:

• Moving Average
• Stocks Above Their 50-Day Moving Average

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