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McClellan Oscillator

A technical analysis indicator which uses NYSE market breadth to judge the strength of a market move in the near term. Calculated by subtracting a 39-day exponential moving average of the difference between advancing issues and declining issues on the NYSE from a 19-day exponential moving average of the same difference.

Related information about McClellan Oscillator:
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    The McClellan Oscillator & Summation Index. Every day that stocks are traded, financial publications list the number of stocks that closed higher (advances) and ...
     
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  5. McClellan Oscillator Definition | Investopedia
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    Jun 18, 2012 ... As of June 15, 2012, the NYSE's McClellan A-D Oscillator has risen up to an overbought level. But not all overbought conditions are created ...