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Friday, April 22, 2022 9:37:34 AM
There's a formula partway down this page that shows how A/D is computed. The number it spits out isn't shares, it can grow faster or slower than actual shares traded.
https://www.investopedia.com/terms/a/accumulationdistribution.asp
I know I used to think of it being measured in shares. I think I've also made a mistake before looking at it in periods other than one day. Pretty sure I read somewhere it loses some reliability when measuring trading session that aren't 1 day each (but don't quote me on this)
I edit too much! Refresh any of my posts within the first few minutes to get silly little updates and clarifications. :)
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