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Analyse Market Breadth with the Advance Decline Chart

Beginner·English·13 min·337 views·2 years ago

The Advance Decline chart measures the breadth of a market move. A stock is advancing when it closes above the prior day's close and declining when it closes below; net advances are the difference between the two counts.

This lesson explains how to read it. If net advances rise with the index, the uptrend is broad-based and more robust. If net advances fall while the index rises, a few large stocks may be carrying the index and breadth is weak.

What you’ll learn

✓Advancing and declining stocks defined
✓Calculating net advances
✓Broad-based versus narrow index moves
✓Using breadth to judge trend strength
SPEAKERVarun ShettyTrainer, Quantsapp

Varun Shetty possesses rich experience in the field of training, he is amongst the best experts for gaining an understanding of Equity Derivatives Trading

All 124 videos by Varun →

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