Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (16-May-2022 15:38:41.145) | InfoWARE Finance
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (16-May-2022 15:38:41.145)
(Source: InfoWARE Terminal, Date: 16-May-2022)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 16-May-2022 15:38:41.145
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)
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
Equity Market Report - 24th June, 2022
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (24-Jun-2022 16:08:47.213)
InfoWARE Analyst Daily Market Report (24-Jun-2022 16:08:42.609)
Breaking News! Unusual Volume Alert (24-Jun-2022 14:08:16.942)
Breaking News! Bears Momentum Alert (24-Jun-2022 14:08:16.194)
[CUTIX]>>Corporate Disclosures-<CUTIX PLC.>
Breaking News! Unusual Volume Alert (24-Jun-2022 13:38:18.243)
[LINKASSURE]>>Notice of Meeting -<LINKAGE ASSURANCE PLC>
[PZ]>>Q4-2022
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
Breaking News! Bears Momentum Alert (24-Jun-2022 12:38:15.866)
[XNSA]>> DAILY FUND PRICE SUBMISSION - FCMB ASSET MANAGEMENT LIMITED
[XNSA]>> The NGX Fixed Income Indicative Price List For Jun 24, 2022
Breaking News! Bears Momentum Alert (24-Jun-2022 12:08:15.777)
Breaking News! Bulls Momentum Alert (24-Jun-2022 11:38:16.112)
Breaking News! Bears Momentum Alert (24-Jun-2022 11:38:16.020)
[XNSA]>> CORAL FUNDS BID AND OFFER PRICES - 24 JUNE 2022
[VSPBONDETF]>> DAILY INDICATIVE PRICES
Breaking News! Bulls Momentum Alert (24-Jun-2022 11:08:15.962)
Breaking News! Bears Momentum Alert (24-Jun-2022 11:08:15.867)
[GREENWETF]>> DAILY INDICATIVE PRICES
[SIAMLETF40]>> DAILY INDICATIVE PRICES
[STANBICETF30]>> DAILY INDICATIVE PRICES
Breaking News! Unusual Volume Alert (24-Jun-2022 10:38:16.499)
Breaking News! Bears Momentum Alert (24-Jun-2022 10:38:15.782)
Breaking News! Bulls Momentum Alert (24-Jun-2022 10:08:15.852)
Equity Market Report - 21st June, 2022
Equity Market Report - 23rd June, 2022
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (23-Jun-2022 15:38:33.794)
InfoWARE Analyst Daily Market Report (23-Jun-2022 15:38:28.878)
Get InfoWARE Finance App
Solutions by Business
Product Suites
Company
Contacts
- AIICO Plaza (1st Floor) Plot 12, Churchgate Street, Victoria Island, Lagos
- Email: solutions@infowarelimited.com
Follow Us
 |
 |
 |
 |