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Haurlan Index
Haurlan Index
Image 1 A technical analysis indicator used to detect market breadth and developed by P.N. Haurlan. There are three components of the Haurlan index:

Short Term: 3-day exponential moving average is taken of the net NYSE advances over declines.

Intermediate Term: same, using 20-day exponential moving average
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Long Term: same, using 200-day exponential moving average
Image 2 Each of the three components is used to detect a different movement, whether it is momentum, breakouts, or resistance.



Breadth Indicator

EMA

Technical Analysis