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A-D

Campbell R. Harvey's picture
Submitted by Campbell R. Harvey on Tue, 11/17/2009 - 01:12

Advance-Decline, or measurement of the number of issues trading above their previous closing prices less the number trading below their previous closing prices over a particular period. As a technical measure of market breadth, the steepness of the AD line indicates whether a strong bull or bear market is under way.





Copyright © 2009, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission.

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