Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (30-Aug-2024 15:18:37.749) | InfoWARE Finance
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (30-Aug-2024 15:18:37.749)
(Source: InfoWARE Terminal, Date: 30-Aug-2024)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 30-Aug-2024 15:18:37.749
Chart of the day: ASI Chart Vs ASI Advance Decline Line (YTD) - Market breath
The A/D line is used to show market sentiment, as it tells traders whether there are more stocks rising or falling. It is used to confirm price trends in major indexes, and can also warn of reversals when divergence occurs.
Key Takeaways
- The advance/decline line (A/D) is a breadth indicator used to show how many stocks are participating in a stock market rally or decline.
- When major indexes are rallying, a rising A/D line confirms the uptrend showing strong participation.
- If major indexes are rallying and the A/D line is falling, it shows that fewer stocks are participating in the rally which means the index could be nearing the end of its rally.
- When major indexes are declining, a falling advance/decline line confirms the downtrend.
- If major indexes are declining and the A/D line is rising, fewer stocks are declining over time, which means the index may be near the end of its decline.
(Definition Source: Investopedia.com)
![ASI Chart Vs ASI Advance Decline Line (YTD) - Market breath](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/DbCol_20240830.png)
For more detailed analysis,
- On InfoWARE Finance Mobile App ( Android, iPhone & iPad and Windows 10) , "Research"
Find the topic interesting? Will like to comment? Contact Us at solutions@infowarelimited.com
Top News
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (30-Aug-2024 15:18:37.749)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
InfoWARE Analyst Daily Market Report (30-Aug-2024 15:18:33.133)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR AUG 30, 2024
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> REGISTRATION FOR BATCH TWO- 2024 DEALING CLERKSHIP CERTIFICATION PROG
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[VSPBONDETF]>> DAILY INDICATIVE PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> NOTIFICATION OF PRICE ADJUSTMENT
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF ZENITH BANK PLC
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (29-Aug-2024 15:17:10.265)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
InfoWARE Analyst Daily Market Report (29-Aug-2024 15:17:05.515)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[GREENWETF]>> DAILY INDICATIVE PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CLOSING GONG INVITATION
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[VSPBONDETF]>> DAILY INDICATIVE PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR AUG 29, 2024
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> REGISTRATION FOR BATCH TWO- 2024 DEALING CLERKSHIP CERTIFICATION PROG
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[MERGROWTH]>> DAILY INDICATIVE PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF ZENITH BANK PLC
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (28-Aug-2024 15:18:49.267)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
InfoWARE Analyst Daily Market Report (28-Aug-2024 15:18:44.852)
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
CSL Nigeria Daily - 28 August 2024
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_infowarelogo.png)
Morning Flash -Banks dominate trading as investors eye higher dividends
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/ForMobileAppNews_GlobalView.jpg)
Daily Business News Brief
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[LOTUSHAL15]>> DAILY INDICATIVE PRICES
![](https://svcs.infowarelimited.com/IWSvcsImageUploader/ImageFolder/Logos/nse.jpg)
[VSPBONDETF]>> DAILY INDICATIVE PRICES