Indicators like that are pretty much useless, it's much better to look at the price and volume. When something is down trending like this with large volume in the down days and light volume in the up days, that's clearly net selling.
This link shows you how that indicator is calculated, even just bots ticking the price up or down at the close will alter that indicator https://www.incrediblecharts.com/indicators/accumulation_distribution.php
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Indicators like that are pretty much useless, it's much better...
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