FTB-C000221 / Indicator

Absolute Breadth Index

Absolute Breadth Index is the absolute value of advancing issues minus declining issues.

Also known asABI

Intermediate Formula defined 1 linked topicEvidence-reviewed

Definitions

In plain terms

It measures the size of the imbalance between advancing and declining issues without retaining its direction.

Technical

Compute the absolute net-advances count for one declared point-in-time universe and session.

Scope

It shows imbalance magnitude, not whether advances or declines led.

Formula

ABI = abs(A - D)
LaTeX: ABI=|A-D|
SymbolMeaningUnit
Aadvancing issuesissues
Ddeclining issuesissues

Output unit: issues

Examples

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

Common misconceptions

  • It shows imbalance magnitude, not whether advances or declines led.

Concept relationships

Prerequisites

Related

Where this concept is used

Evidence and governance

  1. T2101 Absolute Breadth Index TC2000 · official platform documentation

    Supports: preferred label, short definition, technical definition, formula

    Limits: The page documents a platform indicator; universe membership and data handling must still be declared by the implementation.

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

This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.