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Day-Trading |
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| Quotes: NYSE Comp.: 6,994.57 (-0.07%) | DJI: 10,467.16 (-0.29%) | S&P 500: 1,101.53 (-0.42%) | NASDAQ 100: 1,860.30 (-0.66%) | |||
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Technical Analysis - Financial Glossary
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Advance/Decline Line |
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Each days declining issues are subtracted from that days advancing issues. The difference is added to (subtracted from if negative) a running sum. Failure of this line to confirm a new high is a sign of weakness. Failure of this line to confirm a new low is a sign of strength. | ||||||||||||||
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