Before it's here, it's on InfoWARE Market Data Terminal; Years of Fundamentals, Analytics and more... MERGROWTH 10.00  NEIMETH 9.20  TANTALIZER 8.89  LIVESTOCK 7.73  DEAPCAP 5.66  WAPIC 3.95  FTNCOCOA 3.73  FBNH 3.17  AIICO 3.00  NEWGOLD 1.88  FCMB -5.03  UCAP -4.44  INTBREW -4.42  OANDO -4.11  TIP -3.26  ELLAHLAKES -1.33  FIDELITYBK -0.93  JAIZBANK -0.92  TRANSCORP -0.83  JAPAULGOLD -0.52 
Get IDIA - the stock trading app for the modern investor
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (17-Nov-2023 15:08:03.869)
(Source: InfoWARE Terminal, Date: 17-Nov-2023)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 17-Nov-2023 15:08:03.869

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

Breaking News! Bears Momentum Alert (22-Jul-2024 12:20:55.904)

INFOWARE TERMINAL
22-Jul-2024 12:20:55.000

[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES

NGX
22-Jul-2024 11:06:34.000

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

NGX
22-Jul-2024 10:24:42.000

[LOTUSHAL15]>> DAILY INDICATIVE PRICES

NGX
22-Jul-2024 10:24:39.000

Breaking News! Unusual Volume Alert (22-Jul-2024 11:21:01.665)

INFOWARE TERMINAL
22-Jul-2024 11:21:01.000

Breaking News! Bulls Momentum Alert (22-Jul-2024 11:21:00.360)

INFOWARE TERMINAL
22-Jul-2024 11:21:00.000

[STANBICETF30]>> DAILY INDICATIVE PRICES

NGX
22-Jul-2024 10:16:44.000

[XNSA]>> NOTIFICATION OF PRICE ADJUSTMENT

NGX
22-Jul-2024 10:16:41.000

[HONYFLOUR]>>Notice of Meeting -<HONEYWELL FLOUR MILL PLC>

NGX
22-Jul-2024 09:55:11.000

[XNSA]>> CIS ACADEMY TRAINING ON "INVESTMENT STRATEGIES AND OPPORTUNITIES IN MOR

NGX
22-Jul-2024 09:15:45.000

[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF ACCESS HOLDINGS PLC

NGX
22-Jul-2024 08:44:57.000

[XNSA]>> TRAINING - UNDERSTANDING ERROR TRADES & ITS PROCESSES

NGX
22-Jul-2024 08:09:30.000

[XNSA]>> NGX E-IPO PLATFORM

NGX
22-Jul-2024 07:52:48.000

Daily Price List for 19TH OF JULY 2024

ARTHUR STEVENS ASSET MANAGEMENT
19-Jul-2024 18:26:17.000

Daily Price List 19-07-24

CARDINALSTONE RESEARCH
19-Jul-2024 18:25:05.000

MARKET PERFORMANCE REPORT & DAILY PRICE LIST

GLOBALVIEW CAPITAL LIMITED
19-Jul-2024 18:23:27.000

Closing Share Prices as of Friday, 19th of July 2024

AFRINVEST RESEARCH
19-Jul-2024 18:21:28.000

DAILY PRICE LIST - 19-07-2024

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 18:20:23.000

NASD OTC PRICE LIST - 19-07-24

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 13:09:46.000

[MULTIVERSE]>> Earning Forcast - <Q3-2024> ?-<MULTIVERSE MINING AND EXPLORATION

NGX
19-Jul-2024 14:15:08.000

[ETERNA]>>Corporate Disclosures-<ETERNA PLC.>

NGX
19-Jul-2024 13:31:13.000

[FCMB]>>Corporate Disclosures-<FCMB GROUP PLC>

NGX
19-Jul-2024 13:26:13.000

[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>

NGX
19-Jul-2024 13:05:07.000

Daily Business News Brief

GLOBALVIEW CAPITAL LIMITED
19-Jul-2024 13:05:45.000

Media Highlights 19-07-2024

CARDINALSTONE RESEARCH
19-Jul-2024 13:00:12.000

CSL Research Flash Note - Banks and the FGs windfall tax

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 12:58:19.000

[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JUL 19, 2024, OPENING QUOTES

NGX
19-Jul-2024 12:00:07.000

Morning Flash - Investors gain N263bn as equity market rebounds

SECURITIES AFRICA NIGERIA RESEARCH
19-Jul-2024 12:52:28.000

CSL Nigeria Daily - 19 July 2024

CSL RESEARCH
19-Jul-2024 12:50:45.000

[VETBANK]>> DAILY INDICATIVE PRICES

NGX
19-Jul-2024 11:52:07.000
Get IDIA - the stock trading app for the modern investor
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