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The Setup Factory Breadth

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The Setup Factory Breadth

Layer 1: Participation (Adv-Decl Issues)
Calculation: It takes the number of NYSE stocks currently going up and subtracts the number of stocks currently going down.

Layer 2: Conviction (Up - Down Volume)
Calculation: It takes the total volume of all stocks moving up and subtracts the volume of all stocks moving down.

Layer 3: Diversification (The Sector Count)
Calculation: It looks at the 11 S&P 500 Sector ETFs (XLK for Tech, XLF for Banks, etc.). It checks if each one is trading higher than its previous day’s close.

It is updated live intraday.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.