What does the economy hotel index ADR mean?

ADR index is also called up-and-down ratio index or up-and-down ratio index, and the English full name is "AdvanceDeclineRatio". Like ADL index, it is a medium-and long-term technical analysis tool for studying the trend of stock index.

ADR index is to compare the number of rising stocks and the number of falling stocks in all listed stocks in a certain period, get the ratio of rising and falling, infer the changes of long and short forces in the market, and then judge the actual situation of the market. Because of its relationship with ADL index, ADR index is also called regression fluctuation index.

The index focuses on the information of the rise and fall of individual stocks in the stock market, which can reflect the strength trend of the stock market, but does not show the specific strength trend of individual stocks. Therefore, like ADL, it belongs to a special megatrend and a wide-range index. It is an index that specializes in stock indexes and cannot be used to select stocks and study the trend of individual stocks.

Extended data:

When the bull market or the market starts the second phase of the main rally, ADR has more than twice the chance, which means that the market has entered a serious overbought area. At this time, investors should pay attention to profit taking.

The English-Chinese Dictionary of Securities Investment by the Commercial Press is interpreted as: advance-declineindex. Also called: price index. Name. Use the singular. An index compiled according to the ratio of the number of rising stocks to the number of falling stocks every day reflects the overall trend of the market.

Market analysts use this indicator to predict the strength of market trends. If the price index develops in one direction, it means that the current market trend will last for some time. See: forward-downward line; ; Forward-downward ratio; Market breath