By Islam BarakaDefinitions
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
Tutorials planned
These catalogued topics use this concept, but their complete build has not shipped yet.
- D04-F03-A04 Important
- D04-F03-A05 Important
- D04-F03-A06 Important
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
- published