![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Tuesday, February 08, 2011 11:27:27 AM
Accum/Dist takes the range each day and looks at the end of day price.
Egggzample:
SPCG might trade .0017 to .002 and the mid-price is .00185.
If the end of day price is .0019, the Accum/Dist line goes up.
Any price above .00185 is going to send the Acc/Dis higher.
It's working on the idea that there's a battle between the buyers and sellers with the buyers winning.
People buy at the ask because they want shares and they want them NOW.
Or there's guys like me who don't mind waiting for a bottem.
Call me a bottem feeder.
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM