What is Haurlan Index?
A technical analysis indicator, developed by P.N. Haurlan, that is used to detect market breadth. There are three components of the Haurlan index:
Short Term: a 3-day exponential moving average is taken of the net NYSE advances over declines.
Intermediate Term: same, using a 20-day exponential moving average.
Long Term:same, using a 200-day exponential moving average. Read more for examples and further explanation including related video clips and also comments
Example explains Haurlan Index
Each of the three components is used to detect a different movement, whether it is momentum, breakouts, or resistance.
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