Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... NPFMCRFBK 6.94  GEREGU 6.25  LASACO 5.00  CHAMS 4.17  JAPAULGOLD 3.57  JAIZBANK 3.41  MANSARD 3.24  UCAP 2.56  STANBIC 2.31  STANBICETF30 2.22  AIICO -5.00  LINKASSURE -4.76  WAPIC -4.76  INTBREW -2.25  TRANSCORP -2.19  BUACEMENT -1.61  NB -1.43  VETGOODS -0.99  GTCO -0.99  ZENITHBANK -0.60 
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (03-Feb-2023 15:04:44.504)
(Source: InfoWARE Terminal, Date: 03-Feb-2023)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 03-Feb-2023 15:04:44.503

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
For more detailed analysis,

Find the topic interesting? Will like to comment? Contact Us at solutions@infowarelimited.com

Professional &Institutional Investors: Bloomberg costing you too much? of InfoWARE Market Data Terminal; The Bloomberg replacement for PAN Africa!

Top News

Coronation Research Daily Insights

CORONATION RESEARCH
24-Mar-2023 17:09:05.000

MARKET PERFORMANCE REPORT

GLOBALVIEW CAPITAL
24-Mar-2023 12:41:37.000

Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (24-Mar-2023 15:08:57.464)

INFOWARE TERMINAL
24-Mar-2023 15:08:57.000

InfoWARE Analyst Daily Market Report (24-Mar-2023 15:08:44.400)

INFOWARE TERMINAL
24-Mar-2023 15:08:44.000

[MAYBAKER]>>Corporate Disclosures-<MAY AND BAKER>

NGX
24-Mar-2023 13:35:07.000

[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES

NGX
24-Mar-2023 13:22:53.000

Breaking News! Unusual Volume Alert (24-Mar-2023 14:08:17.071)

INFOWARE TERMINAL
24-Mar-2023 14:08:17.000

Breaking News! Bulls Momentum Alert (24-Mar-2023 14:08:16.510)

INFOWARE TERMINAL
24-Mar-2023 14:08:16.000

Breaking News! Unusual Volume Alert (24-Mar-2023 13:38:16.698)

INFOWARE TERMINAL
24-Mar-2023 13:38:16.000

Breaking News! Bulls Momentum Alert (24-Mar-2023 13:38:16.106)

INFOWARE TERMINAL
24-Mar-2023 13:38:16.000

Breaking News! Unusual Volume Alert (24-Mar-2023 13:08:16.905)

INFOWARE TERMINAL
24-Mar-2023 13:08:16.000

Breaking News! Unusual Volume Alert (24-Mar-2023 12:38:16.899)

INFOWARE TERMINAL
24-Mar-2023 12:38:16.000

Breaking News! Bulls Momentum Alert (24-Mar-2023 12:38:16.225)

INFOWARE TERMINAL
24-Mar-2023 12:38:16.000

Breaking News! Unusual Volume Alert (24-Mar-2023 12:08:16.655)

INFOWARE TERMINAL
24-Mar-2023 12:08:16.000

[XNSA]>> DAILY FUND PRICE SUBMISSION - FCMB ASSET MANAGEMENT LIMITED

NGX
24-Mar-2023 11:04:03.000

[XNSA]>> CIS ACADEMY TRAINING

NGX
24-Mar-2023 11:02:22.000

[STANBIC]>>Corporate Disclosures-<STANBIC IBTC HOLDINGS PLC>

NGX
24-Mar-2023 11:00:07.000

[MAYBAKER]>>Corporate Disclosures-<MAY AND BAKER>

NGX
24-Mar-2023 10:56:07.000

Breaking News! Bulls Momentum Alert (24-Mar-2023 11:38:15.943)

INFOWARE TERMINAL
24-Mar-2023 11:38:15.000

[FIDSON]>>Corporate Disclosures-<FIDSON HEALTHCARE PLC>

NGX
24-Mar-2023 10:35:06.000

[MAYBAKER]>>Notice of Meeting -<MAY AND BAKER>

NGX
24-Mar-2023 10:35:06.000

[TOTAL]>>Corporate Disclosures-<TotalEnergies Marketing Nigeria Plc>

NGX
24-Mar-2023 10:30:06.000

Breaking News! Unusual Volume Alert (24-Mar-2023 11:08:16.799)

INFOWARE TERMINAL
24-Mar-2023 11:08:16.000

Breaking News! Bears Momentum Alert (24-Mar-2023 11:08:16.134)

INFOWARE TERMINAL
24-Mar-2023 11:08:16.000

[VETGOODS]>> DAILY INDICATIVE PRICES

NGX
24-Mar-2023 09:56:28.000

Breaking News! Unusual Volume Alert (24-Mar-2023 10:38:16.448)

INFOWARE TERMINAL
24-Mar-2023 10:38:16.000

Breaking News! Bears Momentum Alert (24-Mar-2023 10:38:15.814)

INFOWARE TERMINAL
24-Mar-2023 10:38:15.000

[MTNN]>>Corporate Disclosures-<MTN Nigeria Communications Plc>

NGX
24-Mar-2023 09:11:06.000

Breaking News! Bulls Momentum Alert (24-Mar-2023 10:08:16.076)

INFOWARE TERMINAL
24-Mar-2023 10:08:16.000

Breaking News! Bears Momentum Alert (24-Mar-2023 10:08:15.872)

INFOWARE TERMINAL
24-Mar-2023 10:08:15.000
Start growing your wealth... Get IDIA
Company
Contacts
  • 8th Floor,
  • South Atlantic Petroleum Towers,
  • 1 Adeola Odeku Street,
  • Victoria Island,
  • Lagos, Nigeria.

  • Email: solutions@infowarelimited.com
Follow Us
 
facebook twitter skype youtube
Market data may be delayed up to 15 minutes