The Advance/Decline Line (AD Line) is a breadth indicator which is calculated by taking the difference between the number of advancing and declining issues and adding the result to the previous value. It rises when advances exceed declines and falls when declines exceed advances. It’s important to compare Advance/Decline Line plotted for the index with the performance of the actual index. It is used to confirm price trends in major indexes, and can also warn of reversals when divergence occurs.
Disclaimer: The information provided on this website is for informational purposes only and should not be considered as investment advice. Megapro & W3Data do not endorse or recommend any particular security, nor do they encourage the purchase or sale of any security.
Any investment decisions made by visitors to this website are solely at their own risk. Megapro & W3Data expressly disclaim all liability for any actions taken based on the information contained herein. Visitors should conduct their own research and analysis before making any investment decisions.
Megapro & W3Data make no warranties, express or implied, regarding the accuracy, completeness, or reliability of the information provided on this website. Visitors use this information at their own risk and agree to hold Megapro & W3Data harmless from any claims arising from the use or interpretation of such information.
Visitors should use their own judgment and seek professional advice before making any investment decisions. Megapro & W3Data shall not be liable for any damages or losses resulting from the use or reliance on the information provided on this website.