advance/decline ratio

advance/decline ratio definition - finance
A ratio that is commonly used to determine the strength of a stock market. The ratio is the number of stocks whose price rose compared with the number of stocks whose price fell. The more rising stocks, the more bullish the market; the more stocks declining, the less bullish the market.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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