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Investing Glossary:
A-D
Copyright 2008,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- A -
| Term: |
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| Definition: |
| Advance-Decline, or measurement of the number of issues Trading above their previous closing prices less the number trading below their previous closing prices over a particular period. As a technical measure of Market breadth, the steepness of the AD line indicates whether a strong Bull or Bear market is under way.
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