Advance-Decline Ratio

 

The Advance-Decline Ratio 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

 

 
Date
Advances
Declines
A/D * 100
10-Week MA

09.06.95

1269

1457

87

 

16.06.95

1714

975

176

 

23.06.95

1591

1148

139

 

30.06.95

1346

1348

100

 

07.07.95

2032

692

294

 

14.07.95

1507

1191

127

 

21.07.95

894

1875

48

 

28.07.95

1891

845

224

 

04.08.95

1404

1291

109

 

11.08.95

1187

1489

80

138

18.08.95

1624

1043

156

145

25.08.95

1486

1176

126

140

01.09.95

1656

1011

164

143

08.09.95

1903

759

251

158

 

  This chart shows you the weekly NYSE Advance-Decline Ratio on a 10-week moving average. Readings below 90 indicate intermediate bottoms and readings above 170 tops.
 
 

TechnicalAnalysisSite.com  - Advance-Decline Ratio

 

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Past performance does not guarantee future results!
 
   
 




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