Haurlan Index

DEFINITION of '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.

BREAKING DOWN '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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RELATED FAQS
  1. What is the Haurlan Index formula and how is it calculated?

    Read about the three major components of the Haurlan index, a technical breadth indicator based on the A/D Line of the NYSE ... Read Answer >>
  2. What is a common strategy traders implement when using the Haurlan Index?

    Understand the fundamental dynamics behind the Haurlan Index and read about trading strategies based on its three component ... Read Answer >>
  3. How do traders interpret a divergence of the Haurlan Index?

    Learn about the Haurlan Index, a three-part market breadth indicator used to qualify the strength of market movements and ... Read Answer >>
  4. What are the best technical indicators to complement the Haurlan Index?

    Discover which technical indicators make the best complements to the Haurlan index, a market breadth tool designed to identify ... Read Answer >>
  5. Why is the Haurlan Index important for traders and analysts?

    Read how traders and analysts use the Haurlan Index to determine overbought and oversold conditions on major market indexes ... Read Answer >>
  6. How do I use the Haurlan Index to create a forex trading strategy?

    See how the three components of the Haurlan index can be used by forex traders to assess the strength of buyers and sellers ... Read Answer >>
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