Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (02-Jan-2025 15:09:42.729) | InfoWARE Finance
Get IDIA - the stock trading app for the modern investor
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (02-Jan-2025 15:09:42.729)
(Source: InfoWARE Terminal, Date: 02-Jan-2025)
Dear Investor,
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) - 02-Jan-2025 15:09:42.729
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
MARKET PERFORMANCE REPORT & DAILY PRICE LIST
[XNSA]>> CORDROS MILESTONE FUNDS' BID & OFFER PRICES
[MERGROWTH]>> DAILY INDICATIVE PRICES
[VETGOODS]>> DAILY INDICATIVE PRICES
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JAN 03, 2025
CSL Nigeria Daily - 03 January 2025
Daily Business News Brief
[XNSA]>> RECLASSIFICATION OF JULIUS BERGER NIGERIA PLC FROM MEDIUM PRICE GROUP
[XNSA]>> RECLASSIFICATION OF CONOIL PLC FROM MEDIUM PRICE GROUP TO HIGH PRICE
[XNSA]>> RECLASSIFICATION OF MEYER PLC FROM LOW PRICE STOCK GROUP TO MEDIUM PRIC
[XNSA]>> RECLASSIFICATION OF JULI PLC FROM LOW PRICE STOCK GROUP TO MEDIUM PRICE
[NCR]>>Notice of Meeting -<NCR (NIGERIA) PLC.>
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
MARKET PERFORMANCE REPORT & DAILY PRICE LIST
Daily Market Report
Chart Of The Day - ASI Chart Vs ASI Advance Decline Line (YTD) (02-Jan-2025 15:09:42.729)
InfoWARE Analyst Daily Market Report (02-Jan-2025 15:09:38.651)
[VFDGROUP]>>Corporate Disclosures-<VFD Group Plc>
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
[AIRTELAFRI]>>Corporate Disclosures-<Airtel Africa Plc>
[JAIZBANK]>>Notice of Meeting -<JAIZ BANK PLC>
[NASCON]>>Corporate Disclosures-<NASCON Allied Industries Plc>
[NASCON]>>Corporate Disclosures-<NASCON Allied Industries Plc>
[VSPBONDETF]>> DAILY INDICATIVE PRICES
[XNSA]>> NGX FIXED INCOME INDICATIVE PRICE LIST FOR JAN 02, 2025
[MERVALUE]>> DAILY INDICATIVE PRICES
CSL Nigeria Daily - 02 January 2025
Daily Business News Brief
[JBERGER]>>Corporate Disclosures-<JULIUS BERGER NIGERIA PLC>
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
 |
 |
 |
 |