ad_ratio

Function Name: ad_ratio

Tags: None

Category: Market Breadth

The Advance Decline Ratio calculates the ratio of rising stocks to falling stocks. It is formulated by dividing the number of rising stocks by the number of declining stocks.

For example, if a stock market index is rallying but there are more issues declining than advancing, then the rally is narrow and much of the stock market is not participating. To plot the Advance-Decline Ratio accurately, the chart must contain both the Advancing Issues and the Declining Issues and the inputs must specify the correct data number for each.

 

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