Background Knowledge – Advance/Decline Ratio (ADR)
background knowledge Advance/Decline Ratio (ADR): Definition, Formula, How It Works, and How Traders Use It The Advance/Decline Ratio (ADR) is a market breadth indicator that helps traders determine whether a market move is supported by broad participation or driven by a relatively small number of stocks. While major stock indexes tell you where the market is moving, the ADR looks…