Breadth Indicators
The Advance-Decline Line.
A breadth indicator based on net advances: the number of advancing stocks less the number of declining stocks.
Net Advances
Positive when advancing issues exceed declining issues, negative when declines exceed advances.
Cumulative Line
The AD Line rises when net advances are positive and falls when net advances are negative.
Compare Against Price
Chartists compare the AD Line with index performance to inspect breadth confirmation or divergence.
Built for breadth review.
The indicator definition sits beside clear routes into the trend table and the matching composite report view.
