Definitions
In plain terms
It converts many security-level trend tests into one market-participation measure from zero to 100.
Technical
The denominator includes only securities eligible and ready at the timestamp; universe, lookback, comparison, and missing rules must be frozen.
Scope
It is breadth participation, not the average distance above the moving average.
Formula
Percent above MA = 100 * N_above / N_eligiblePAMA=100\frac{N_{above}}{N_{eligible}}| Symbol | Meaning | Unit |
|---|---|---|
N_above | eligible securities above the moving average | securities |
N_eligible | eligible securities with a valid comparison | securities |
Output unit: percent
Examples
- A Fintech Builder lesson can compute or identify Percent Above Moving Average only after declaring its inputs, timing, and edge-case rules.
Common misconceptions
- It is breadth participation, not the average distance above the moving average.
Concept relationships
Narrower concepts
Where this concept is used
Evidence and governance
- Percent Above Moving Average StockCharts ChartSchool · secondary methodology
Supports: preferred label, short definition, technical definition, formula
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
- 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.