FTB-C000243 / Indicator

20-Day Breadth

20-Day Breadth is percent-above-moving-average breadth calculated with a 20-session moving average.

Also known aspercent above 20-day MA

Definitions

In plain terms

It summarizes short-horizon trend participation across the eligible universe.

Technical

The implementation inherits the percent-above-MA contract and fixes the lookback at 20 declared sessions.

Scope

Twenty sessions are not exactly one calendar month in every market.

Examples

  • A Fintech Builder lesson can compute or identify 20-Day Breadth only after declaring its inputs, timing, and edge-case rules.

Common misconceptions

  • Twenty sessions are not exactly one calendar month in every market.

Concept relationships

Where this concept is used

Evidence and governance

  1. Percent Above Moving Average StockCharts ChartSchool · secondary methodology

    Supports: preferred label, short definition, technical definition

    Limits: Threshold interpretation and universe composition are contextual and must not be treated as guaranteed signals.

Reviewed by
fintech-builder-batch-005
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.