Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (05-Dec-2023 15:08:01.566) | InfoWARE Finance
Get IDIA - the stock trading app for the modern investor
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (05-Dec-2023 15:08:01.566)
(Source: InfoWARE Terminal, Date: 05-Dec-2023)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 05-Dec-2023 15:08:01.566
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) (12-Sep-2024 15:07:52.200)
InfoWARE Analyst Daily Market Report (12-Sep-2024 15:07:47.807)
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
[MERGROWTH]>> DAILY INDICATIVE PRICES
[XNSA]>> TERMINATION OF APPOINTMENT OF MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES
[GREENWETF]>> DAILY INDICATIVE PRICES
[XNSA]>> APPOINTMENT OF A MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER (KINLEY SECU
[VETINDETF]>> DAILY INDICATIVE PRICES
[LOTUSHAL15]>> DAILY INIDCATIVE PRICES
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR SEP 12, 2024, OPENING QUOTES
[XNSA]>> LISTING OF FGN SAVINGS BONDS FOR AUGUST 2024
Breaking News! Bears Momentum Alert (12-Sep-2024 11:20:55.033)
[UNIVINSURE]>>Corporate Disclosures-<UNIVERSAL INSURANCE PLC>
[XNSA]>> CIS: 28TH ANNUAL STOCKBROKERS' CONFERENCE
[SOVRENINS]>>Corporate Disclosures-<SOVEREIGN TRUST INSURANCE PLC>
Breaking News! Unusual Volume Alert (12-Sep-2024 10:20:59.442)
Breaking News! Bulls Momentum Alert (12-Sep-2024 10:20:55.013)
[XNSA]>> ACTIVATION OF CODE FOR TRADING IN RIGHTS OF NIGERIAN BREWERIES PLC
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (11-Sep-2024 15:09:50.912)
InfoWARE Analyst Daily Market Report (11-Sep-2024 15:09:46.625)
[NEWGOLD]>>Corporate Disclosures-<NEWGOLD EXCHANGE TRADED FUND (ETF)>
[GUINNESS]>>Notice of Meeting -<GUINNESS NIG PLC>
Breaking News! Unusual Volume Alert (11-Sep-2024 14:21:20.621)
Breaking News! Bulls Momentum Alert (11-Sep-2024 14:21:07.630)
Breaking News! Bears Momentum Alert (11-Sep-2024 14:21:06.969)
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
[MERVALUE]>> DAILY INDICATIVE PRICES
[XNSA]>> EMERGING AFRICA DAILY MUTUAL FUND PRICES
Get IDIA - the stock trading app for the modern investor
Solutions by Business
Product Suites
Company
Contacts
- 8th Floor,
- South Atlantic Petroleum Towers,
- 1 Adeola Odeku Street,
- Victoria Island,
- Lagos, Nigeria.
- Email: solutions@infowarelimited.com
Follow Us
 |
 |
 |
 |