The Traderszone Network

Published in TZ Latest News 7 June, 2014 by The TZ Newswire Staff

Key Breadth Indicators Confirm New Highs in the Stock Market

The AD Line and AD Volume Line are aggregate measures of participation. The AD Line favors small and mid-caps because an advance equals +1 and a decline equals -1, regardless of market cap. This means an advance in Apple ($556 billion market cap) counts the same as an advance in Digital River ($475 million market cap). The AD Line is a summation of net advances (advances less declines) for each day. An uptrend in the AD Line indicates broad participation in an advance.

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