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Advance / Decline Line
McClellan Oscillator
McClellan Summation Index
Advance / Decline Volume Line
McClellan Volume Oscillator
McClellan Volume Summation Index
Advance / Decline Ratio
Arms Index
New Highs - New Lows
 The Advance / Decline Ratio shows the ratio of advancing issues to declining issues. It is calculated by dividing the number of advancing issues by the number of declining issues. A moving average of the Advance / Decline Ratio is often used as an overbought/oversold indicator. The higher the value, the more "excessive" the rally and the more likely a correction. Likewise, low readings imply an oversold market and suggest a technical rally.



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