A tool used confirm that a trend is continuing. If there are more declining issues, the trend might see a reversal in the near future. The Advance/Decline Index is calculated by subtracting the number of declining prices from the number of advancing security prices.
Advance/Decline Index
Related Terms
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The Zweig Breadth Thrust (ZBT) is a technical indicator that is known to generate signals that identify the start of significant bull markets.
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The Continuing Jobless Claims report provides data on the total number of individuals who have filed for and are receiving unemployment benefits.
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The Dow Theory is widely considered one of the earliest forms of technical analysis. It was originally promulgated by Charles H. Dow who noticed that stocks tended to move up or down in trends, and...
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The Initial Jobless Claims is a measure of the number of people in the U.S. filing first-time claims for state unemployment insurance.
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A trend channel is a set of parallel trend lines defined by the highs and lows of an asset’s price action. A trend channel, also sometimes called a price channel occurs when the price is moving between two parallel trendlines. Trend channels can be drawn on charts to help see uptrends and downtrends. In a […]