2025/11/03 pre-market
Now let us understand what this chart is telling us. When advances over 8 days exceed the number of declines and we see that volume moves up or down over that period, we can explain how the buyers or sellers are driving the market.
The Chart shows advances vs. declines over the last 8 trading days. We also show advances over declines bars over 10 weeks (see chart on the right).
Over the previous five days, sellers collectively drove the market Down (graph on the right, each bar representing five days). Statistically, over 50 days, 49.1<51<51.8<53.3% of total trades showed advances. THE MARKET has tilted towards Sellers during the last 1 week(s). And in the chart on the left, 3 days in the previous 10 trading days had more advances (highlighted in Blue), and 5 days had shown declines (highlighted in red).