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Market

Advance-Decline Line

QUICK DEFINITION

Advance-Decline Line in Elliott Wave Theory: A market breadth indicator that tracks the cumulative difference between advancing and declining stocks. A rising A/D line during an impulse wave confirms broad participation; divergence at a Wave 5 high warns of an approaching correction.

What Advance-Decline Line Means

A market breadth indicator that tracks the cumulative difference between advancing and declining stocks. A rising A/D line during an impulse wave confirms broad participation; divergence at a Wave 5 high warns of an approaching correction.

Where You'll See It

Advance-Decline Line appears regularly in Artavest's weekly wave-count analysis across 108 US stocks and ETFs. It's part of the market family of Elliott Wave concepts and shows up most often when analysts are describing the market's broader structure, breadth, or regime in wave-stage terms.

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