ADVANCE-DECLINE
\ɐdvˈansdɪklˈa͡ɪn], \ɐdvˈansdɪklˈaɪn], \ɐ_d_v_ˈa_n_s_d_ɪ_k_l_ˈaɪ_n]\
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ATECHNICAL ANALYSIS tool that measures the number of COMMON STOCKS that advance against the number that decline over a given period of time. A rising advancedecline is a generally regarded as a bullish signal, a falling advancedecline as a bearish signal.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.