ASI指标用法范文

ASI指标用法范文
Accumulation/Distribution Line (A/D)
The Accumulation/Distribution Line is a momentum indicator that attempts to gauge supply and demand by determining if investors are generally "accumulating" (buying) or "distributing" (selling) a certain equity. The A/D line is calculated using the following formula:
A/D Line = Previous A/D Line + Current Money Flow Multiplier The Money Flow Multiplier is calculated as follows:
Money Flow Multiplier = [(Close – Low) – (High – Close)] / (High – Low)
The money flow multiplier is then multiplied by the volume for the period and added to the previous period's
accumulation/distribution line. If the multiplier is positive, the A/D line will increase. If the multiplier is negative, the
A/D line will decrease.
The Accumulation/Distribution Line is a lagging indicator used in technical analysis, and is plotted as a single lineso that the overall trend for the security can be viewed.
The A/D line can be used to identify divergences and confirm trends. When the stock's price movements diverge from the A/D line it is known as a negative or bullish divergence. This
happens when the price is making new lows, while the A/D line is not confirming the new lows in price. The divergence suggests that the bulls are still active and that a reversal of trend is likely. Conversely, a positive or bearish divergence occurs when the price is making new highs, while the A/D line is not confirming the new highs in price. This suggests that the bears are still active, and that the uptrend is likely to reverse.
The A/D line can also be used to confirm trend changes. When the A/D line crosses above its moving average, it can signify the beginning of an uptrend. Conversely, when the A/D line crosses below its moving average, it can signal the start of a downtrend.
The A/D line can also be used to identify support and resistance levels. When the stock's price moves below its A/D line, it may be a sign of support, indicating that the stock is oversold. Conversely, when the stock's price moves above its A/D line, it may be a sign of resistance, indicating that the stock is overbought.。