FTB-C000008 / Formula component

Moving Issues

Moving Issues is the sum of advancing and declining issue counts for a session.

Also known astotal moving issues

Foundation Formula defined 3 linked topicsPublished

Definitions

In plain terms

Moving Issues counts only securities that finished above or below their comparable prior close, leaving unchanged issues outside this total.

Technical

For advancing count A and declining count D, the moving-issue count is M = A + D and forms the denominator of canonical ratio-adjusted McClellan breadth.

Scope

Moving Issues is not the entire universe size when unchanged, excluded, or unclassified securities exist.

Formula

M = A + D
LaTeX: M_t = A_t + D_t
SymbolMeaningUnit
M_tMoving issues for session tissues
A_tAdvancing issues for session tissues
D_tDeclining issues for session tissues

Output unit: issues

Examples

  • With 620 advances and 480 declines, there are 1,100 moving issues.

Common misconceptions

  • Moving Issues does not include unchanged issues in the canonical ratio-adjusted denominator.

Concept relationships

Prerequisites

Related

Derived from

Feeds into

Required by

Where this concept is used

Evidence and governance

  1. Ratio Adjusted Summation Index McClellan Financial Publications · first party methodology

    Supports: short definition, technical definition, formula, units, variant distinction

    Limits: Historical interpretive thresholds are not universal trading rules; the source does not prescribe the package's evidence or software failure policies.

Reviewed by
fintech-builder-owner-approved
Last reviewed
2026-07-26
Next review
2027-07-26
Record status
published