Sentiment Indicator
A general term used to describe indicators that gauge investor attitudes towards the market.
Investopedia Commentary
Sentiment indicators are employed in technical analysis to quantify the levels of optimism or pessimism present in various markets. For example, some indicators will account for all the long and short positions upon a particular exchange in order to determine a bearish or bullish market.
Related Links
Investors Intelligence Sentiment Index
See also: Bear, Bull, Confirmation, Member Short Sales Ratio, Mutual Fund Liquidity Ratio, Specialist Short Sale Ratio, Speculation Index, Technical Analysis