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advance-decline line (a/d)

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Financial Dictionary

advance-decline line (A/D)

The line that results from plotting the advance-decline index over a period of time. The direction of the advance-decline line is used to confirm movements in a stock or the market.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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