Decline Assignee Byline with airSlate SignNow

Decline mark receiver

in this video when I talk about advance decline line and a ratio what our advance declines stay tuned hatred is a very warm welcome to you okay so maybe you've heard this terminology advance declines or sometimes referred to as breath what is it how is it calculated how can we potentially use it as traders okay so advance decline we have line we have ratio as a few ways of looking at but let's just drill down exactly what it means so advance declines is thinking about the actual advance decline is the number of advancing issues - declining issues what does that actually mean advancing issues means stocks on the NAIC generally we can do that or we can use announce that we can kind of isolate it to index but it's the number of stocks that are up - the number of stocks that are down to give us a net number so a thousand stocks that are up 500 stocks that are down the number on the advance decline is gonna be 500 right that's good and you can imagine you could probably see that intraday how that compares to whether on the day with a download day how strong the trend is we'll go into more than into that a second the other way of looking at is a ratio so we've got the same kind of thing the advancing issues but this time divided by the declining issues to give us a ratio similar way of presenting him just slightly different now what a lot of people will plot on their daily charts is an advance declined line which is the current advance declines plus the prior should be a plus there plus the prior so let's look at let's look at actual example so we have day one here day two and day three so day one we've got a thousand issues are up on the day and 500 are down there giving us a net advanced declines of 500 fine that's the first one the next day only 800 are up and 700 down it's going to give us a net of 100 within add that to the previous to start to build aa drastic line the line that we can plot on a daily chart which giving us 600 ok now we're a bit of a Down they today we've got 1,400 shares in issue issues are down only 100 or up that's giving us a net well obviously a net on the day of - 1300 and they were adding that to our 600 to get - 700 so that's all very well let's look at how we could use it and how that would look on a chart and what the whole point of this is over a nice showing all the ratios and the numbers on what have you but no use of we can't use it to make some bad trade decisions right okay so we...