Advance/Decline Analysis, Studies and Indicators
Below is a list of advance decline based technical indicators (studies) that are available with our charts.
Advance Decline Technical Analysis
Advance Decline Momentum Volume - The Momentum AD Volume shows the actual number of shares that traded in the advances and declines volume segments (for a given bar). Advance momentum volume reflects the actual volume of the stocks that belong in the advance group.
Advance Decline Volume - "Decline volume" is the running total (cumulative sum) of the number of shares traded for all securities that belong to the declines group for a given period. If a particular security is currently trading below its close of the previous trading day, its volume is added to the total volume of the declines group. . "Decline volume" is the running total (cumulative sum) of the number of shares traded for all securities that belong in the advances group for a given period.
Advance/Decline Volume Line - This indicator is used in technical analysis by many traders to confirm the strength of a current trend and the possibility of it reversing. It moves lower when there are more declining issues than advancing issues, and moves up when there are more advancing issues than declining issues.
Advance/Decline Volume Oscillator - The A-D volume oscillator is widely used to assess market breadth and as an indicator of market strength. Therefore, you can determine the overall health of the market by studying the A-D oscillator.
Advance/Decline Volume Ratio - We are the only source of advance decline indicators for U.S. indexes and exchanges on daily and intraday levels. These indicators can be used in the technical analysis of indexes. The formula for calculating the A/D issues ratio is simple: AD Volume Ratio = Advances Volume / Declines Volume.
Advance Decline Issues - The term, declines, represents a cumulative (i.e., running) total of the number of stocks (issues) that have fallen in price from their close of the previous trading day. In other words, if the price of a particular stock is currently trading below its closing price of the previous trading day, this stock is considered to be part of the day's declines group.
Advance Decline Oscillator - The "advance-decline issues oscillator" is the difference between the number of advancing and declining issues. To calculate the A-D Oscillator, simply subtract the number of stocks that belong to the declines group from the number of stocks that belong to the advances group.
Advance/Decline Ratio - The AD ratio is interpreted as follows: 1) Values higher than 1 show that more issues are presently advancing than declining; 2) Values between 0 and 1 indicate that more issues are declining in price.
Advance/Decline Percentage Oscillator - The A/D PO has the same meaning as the A/D PO and analyzes the ratio between the advances and declines. The difference between the A/D PO chart and the A/D Ratio chart (with similar chart settings) is barely noticeable. Still, it permits you to analyze the A/D Ratio on a percentage scale of -100% to +100%.
New Highs & New Lows - New Highs and New Lows represent the number of all stocks achieving new 52-week highs or lows. The New Highs/Lows indicators belong to a group of Breadth indicators or Advance/Decline-based indicators and are used in technical analysis to evaluate the sentiment of the basket of stocks.
TRIN - Richard Arms developed the TRIN indicator (which is also known as the ARMS indicator) in the 1970s. The TRIN indicator is calculated by dividing the Advances/Declines (AD) Issues Ratio by the AD Volume Ratio.
Advance/Decline Sentiment - AD sentiment indicator is set to provide the guidance in market sentiment by recognizing the periods of critical bullish and bearish trading.
McClellan Oscillator - The McClellan Oscillator is calculated as the difference between the fast (shorter moving average) and the slow (longer moving average) exponential moving averages applied to the net advances.
McClellan Summation Index - McClellan Summation Index belongs to the family of Breadth technical indicators and is build as cumulative values of the McClellan Oscillator.
Absolute Breadth - The Absolute Breadth Index (ABI) was developed by Norman G. Fosback and described in his book, "Stock Market Logic". The ABI is a market indicator that is used in technical analysis to determine volatility levels.
Breadth Trust - The Breadth Thrust indicator was developed by Dr. Martin Zweig and is considered to be a market momentum indicator. The Breadth Thrust traditionally is calculated by dividing a 10-day exponential moving average of the number of advancing issues by the number of advancing plus declining issues.
Labels: Technical analysis, advance decline, volume, ratio, oscillator, TRIN, McClellan, New Highs, New Lows