Breadth Indicator
Breadth indicators are mathematical formulas that measure the number of advancing and declining stocks, and/or their volume, to calculate the participation in a stock index's price movements. By evaluating how many stocks are increasing or decreasing in price, and how much volume these stocks are trading, breadth indicators help in confirming stock index price trends, or can warn of impending price reversals.
VNINDEX
SMA 50 and SMA 200 of VN225
1. The ratio of stocks above MA50 (representing the medium-term trend)
2. The ratio of stocks above MA200 (representing long-term trend)