FTB-C000002 / Market data field

Advancing Issue

An advancing issue is an eligible security whose comparable price is above its prior comparable close.

Also known asadvancing stock

Definitions

In plain terms

A security counts as advancing when its selected current price is higher than the earlier price chosen by the methodology, usually a comparable previous close.

Technical

An advancing issue is one member of a declared session universe classified above its prior comparable close after applying the stated price-comparison, corporate-action, and tolerance policies.

Scope

The label describes a classification count, not the size of the price increase or the security's contribution to a weighted index.

Examples

  • If today's comparable close is 51 and the prior comparable close is 50, the issue advances.

Common misconceptions

  • One advancing issue receives one issue-count vote even if its price gain is much larger than another's.

Concept relationships

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D04-F01-A01 Prerequisite
  • D04-F01-A02 Prerequisite
  • D04-F01-A05 Prerequisite

Evidence and governance

  1. A-D definition Nasdaq, Inc. · official exchange

    Supports: preferred label, short definition, technical definition

    Limits: Does not prescribe universe membership, revision handling, volume allocation, EMA initialization, or software behavior.

  2. Daily Market Summary Data Fields and Definitions Nasdaq, Inc. · official exchange

    Supports: preferred label, units

    Limits: Does not define the pilot's exhaustive partition, causal cutoff, revision lineage, EMA policy, or normalized breadth formula.

Reviewed by
Last reviewed
2026-07-26
Next review
2027-07-26
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.