Advance-Decline Indicators
The Advance-Decline Line is a market breadth indicator and should be compared to the other market indices like the Dow Jones or S&P 500. Daily or weekly NYSE data is used in the calculation. Because the Advance-Decline Line reflects the action of the general market, any divergences are watched closely by market technicians. As long as the Dow and the Advance-Decline Line are moving in the same direction the trend will continue. If the Dow makes a new high which is not confirmed by a high of the Advance-Decline Line, caution is warranted. Vice versa, if the Dow makes a new low and the Advance-Decline Line doesn't you should cover your short sales.
To calculate your own weekly Advance-Decline Line is very simple and you can begin your calculations at any time. Just pick a large enough base number like 100000. Then you calculate each week (or day) the difference between advances and declines by adding the advances and subtracting the declines. If you have 1269 advances and 1457 declines on your first week, the reading of your newly created weekly Advance-Decline Line would be 99812
Content of Advance-Decline Indicators
- Advance-Decline Index Weekly
- Advance-Decline Line Daily
- Advance-Decline Lines in Percent
- Advance-Decline Volume Line
- Advance-Decline Line Weekly
- Upside-Downside Volume Index Weekly
Advance-Decline Index Weekly
The Advance-Decline Index is also market breadth indicator. It is calculated by dividing the number of advancing issues by the number of declining issues using daily or weekly NYSE data. It works very well as an overbought/oversold indicator and as a momentum indicator. A moving average should be used to smooth out the swings. Historical chart also available!
Learn
more about the Advance-Decline Index Weekly
Advance-Decline Line Daily
To calculate your own daily Advance-Decline Line is very simple and you can begin your calculations at any time. Just pick a large enough base number like 100000. Then you calculate each day the difference between advances and declines by adding the advances and subtracting the declines. If you have 1269 advances and 1457 declines on your first day, the reading of your newly created daily Advance-Decline Line would be 99812. Historical chart also available!
Learn
more about the Advance-Decline Line Daily
Advance-Decline Lines in Percent
The Advance-Decline Index is also market breadth indicator. It is calculated by dividing the number of advancing issues by the number of declining issues using daily or weekly NYSE data. It works very well as an overbought/oversold indicator and as a momentum indicator. We calculate the A/D line also in percent for better comparison. Historical chart also available!
Learn
more about the Advance-Decline Lines in Percent
Advance-Decline Volume Line
The Upside-Downside Volume Ratio is also market breadth indicator. It is calculated by dividing the volume of advancing issues by the volume of declining issues, using daily or weekly NYSE data. It works very well as an overbought/oversold indicator and as well as a momentum indicator. A moving average should be used to smooth out the swings. Historical chart also available!
Learn
more about the Advance-Decline Volume Line
Advance-Decline Line Weekly
To calculate your own weekly Advance-Decline Line is very simple and you can begin your calculations at any time. Just pick a large enough base number like 100000. Then you calculate each week (or day) the difference between advances and declines by adding the advances and subtracting the declines. If you have 1269 advances and 1457 declines on your first week, the reading of your newly created weekly Advance-Decline Line would be 99812. Historical chart also available!
Learn
more about the Advance-Decline Line Weekly
Upside-Downside Volume Index Weekly
The Upside-Downside Volume Ratio is also market breadth indicator. It is calculated by dividing the volume of advancing issues by the volume of declining issues, using daily or weekly NYSE data. It works very well as an overbought/oversold indicator and as well as a momentum indicator. A moving average should be used to smooth out the swings. Historical chart also available!
Learn
more about the Upside-Downside Volume Index Weekly
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