Accumulation and Distribution Definiton
The momentum indicator correlates price changes with the volume of trades. The concept is that the larger the volume of transactions accompanying the price movement, the more important it is. This is in the context of the closing price to the price range (H - L).
The closer the closing price is to the high, the greater the volume of trades added to the total. If the closing price is exactly midway between high and low, the indicator is unchanged for that day.
Related words
ABC Consumer Comfort Index ・ Abandoned Baby ・ Account Statement Report ・ Appreciation ・ Arbitrage ・ ADP Non Farm Employment Change ・ Ask price ・ Ascending Trend Line ・ Average Effective Duration・ AAA+ Bank Definiton・ ABC Elliot waves・ Above the market - limit order・ Absolute Breadth Index・ Average directional index ・ Average directional index・ Aggregation・ Average Down・ Average Directional Movement・ Alpha coefficient・ Anaume・ Andrews Method・ Accumulation and Distribution
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