Advance Decline Index is a Index which helps one find out bull or bear trends of the share market at a single glance. It is calculated by dividing the number of shares risen in prices with those which have fallen. Numbers more than 1 indicate a bullish market and less than one show a bearish market.
- ADVANCE DECLINE RATIO= NO.OF SHARES RISEN/NO.OF SHARES FALLEN
- >1 BULLISH
- <1 BEARISH
