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| | The Advance/Decline Line (AD Line) is a breadth indicator which is calculated by taking the difference between the number of advancing and declining issues
and adding the result to the previous value. It rises when advances exceed declines and falls when declines exceed advances.
It's important to compare Advance/Decline Line plotted for the index with the performance of the actual index. The AD Line should confirm an advance or a
decline with similar movements. |
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