The Advance/Decline Line Breadth indicator displays the number of advancing issues as a percentage of the total advancing and declining issues. The value ranges from 0 to 100.
The indicator is not cumulative, and often smoothed with a moving average.
Calculation:
ADV = The number of advancing issues
DEC = The number of declining issues
Inputs:
Group = XU100
Indicates the portfolio, group or index.
Indicator Type: Market Breadth
See Also