Related Terms • Bear Market • Bull Market • Market • Exchange

Definition: The relationship between stocks trading above their opening price, and the stocks trading below their opening price.  It is used as a measure of the market as a whole, and helps in determining if there is a strong Bull or Bear market in action.

Examples: If a stock exchange has 3000 stocks trading, and 2000 of those stocks were down from their opening price, while only 1000 were up from their opening price, and this continued for several weeks in a row, you could deduce that a Bear market was underway.