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.



Each of the three components is used to detect a different movement, whether it is momentum, breakouts, or resistance.



Introduction to Technical Analysis - Here is an easy-to-understand tutorial on the various tools used in technical analysis, including moving averages, RSI, Bollinger bands, stock chart patterns, and much more.
Related Terms

Breadth Indicator

EMA

Technical Analysis

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