Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (01-Dec-2023 15:22:06.344) | InfoWARE Finance
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (01-Dec-2023 15:22:06.344)
(Source: InfoWARE Terminal, Date: 01-Dec-2023)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 01-Dec-2023 15:22:06.344
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
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (08-Oct-2024 15:07:18.503)
InfoWARE Analyst Daily Market Report (08-Oct-2024 15:07:14.246)
[MEYER]>>Notice of Meeting -<MEYER PLC>
[CONOIL]>>Corporate Disclosures-<CONOIL PLC>
[GUINEAINS]>>Notice of Meeting -<GUINEA INSURANCE PLC.>
[XNSA]>> RETAIL INVESTORS' WORKSHOP AND CGC FOR THE IOSCO WORLD INVESTOR WEEK 2
[XNSA]>> : LISTING OF FLOUR MILLS OF NIGERIA PLC'S BOND
[PRESCO]>>Notice of Meeting -<PRESCO PLC>
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
[MERGROWTH]>> DAILY INDICATIVE PRICES
[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR OCT 08, 2024
[VSPBONDETF]>> DAILY INDICATIVE PRICES
[LOTUSHAL15]>> DAILY INDICATIVE PRICES
[PRESCO]>>Corporate Disclosures-<PRESCO PLC>
[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE
[XNSA]>> CIS EXECUTIVE CAPACITY DEVELOPMENT ON THE NIGERIAN CAPITAL MARKET ON TH
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
[GEREGU]>>Notice of Meeting -<GEREGU POWER PLC>
[NPFMCRFBK]>>Notice of Meeting -<NPF MICROFINANCE BANK PLC>
[XNSA]>> NOTIFICATION OF PRICE ADJUSTMENT
[NAHCO]>>Notice of Meeting -<NIGERIAN AVIATION HANDLING COMPANY PLC>
[GUINNESS]>>Notice of Meeting -<GUINNESS NIG PLC>
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (07-Oct-2024 15:09:51.662)
InfoWARE Analyst Daily Market Report (07-Oct-2024 15:09:47.053)
[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES
Media Highlights 07-10-2024
Daily Business News Brief
CSL Nigeria Daily - 07 October 2024
Afrinvest Stock Recommendation | "ACCUMULATE" on FBNH and DANGSUGAR... "HOLD" FIDELITYBK