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Advancing/Declining (Pre)

Overview​

The Advancing/Declining (Pre) profile divides the entire market into two groups, stocks trading above their previous close and stocks trading below it, and colors each box by its pre-market change. The relative size of the two camps gives you an instant read on pre-market breadth before the regular session even begins.

Boxes are sized by average 3-month turnover rather than market cap, which keeps the most actively traded and tradeable names in focus instead of letting a handful of mega caps dominate the picture.

info

This profile updates in real time throughout the pre-market session. Turn on Show Percentage Total in the Display menu to see each side's exact share of the map.

Strategy Focus​

  • Judge how broad the pre-market move is before committing to a directional bias
  • Compare the advancing and declining camps by size, not just by index futures
  • Spot divergences where futures point one way but breadth points the other
  • Find the strongest and weakest pre-market names inside each camp
  • Set expectations for the open: broad participation supports follow-through, narrow participation warns of fade risk

Map Configuration​

  • Main Category: Advancing/Declining
  • Box Size: Average Turnover 3 Months ($)
  • Box Color: Change Pre Market (%)

Metrics Behind the Map​

  • Advancing/Declining: Splits the market by whether a ticker's last price is above (advancing) or below (declining) its previous day's close.
  • Average Turnover 3 Months ($): The three-month average daily turnover, calculated as price times volume. Sizing by turnover keeps the liquid, actively traded names visually dominant.
  • Change Pre Market (%): The percentage difference between the last pre-market price and the previous day's close, driving the green-to-red color scale.

Practical Use Cases​

  • Check this map alongside index futures each morning to see whether the early move has broad support
  • Watch the balance shift in real time as pre-market trading develops toward the open
  • Zoom into the advancing side to find liquid early leaders worth charting
  • Use a lopsided declining side as an early risk warning for long-heavy books
  • Follow up with Advancing/Declining (Reg) once the session opens