Investopedia is always a good site to look these things uphttps://school.stockcharts.com/doku.php?id=technical_indicators:accumulation_distribution_line
Interpretation
The Accumulation Distribution Line is acumulative measure of each period's volume flow, or money flow. A high positivemultiplier combined with high volume shows strong buying pressure that pushesthe indicator higher. Conversely, a low negative number combined with highvolume reflects strong selling pressure that pushes the indicator lower.Money Flow Volume accumulates to form a line that either confirms orcontradicts the underlying price trend. In this regard, the indicator is usedto either reinforce the underlying trend or cast doubts on its sustainability.An uptrend in prices with a downtrend in the Accumulation Distribution Linesuggests underlying selling pressure (distribution) that could foreshadow abearish reversal on the price chart. A downtrend in prices with an uptrend inthe Accumulation Distribution Line indicate underlying buying pressure(accumulation) that could foreshadow a bullish reversal in prices.
Investopedia is always a good site to look these things...
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Last
$2.42 |
Change
0.150(6.61%) |
Mkt cap ! $1.670B | |||
| Open | High | Low | Value | Volume |
| $2.33 | $2.42 | $2.29 | $4.630M | 1.958M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3536 | $2.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 38315 | 8 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |