In: Finance
The following table contains data on market advances and declines.
Day |
Advances |
Declines |
Day |
Advances |
Declines |
||||||||||||||
1 |
1,041 |
1,004 |
6 |
988 |
882 |
||||||||||||||
2 |
833 |
1,000 |
7 |
1,182 |
1,149 |
||||||||||||||
3 |
721 |
1,059 |
8 |
939 |
722 |
||||||||||||||
4 |
773 |
1,508 |
9 |
1,120 |
918 |
||||||||||||||
5 |
461 |
1,095 |
10 |
784 |
766 |
||||||||||||||
a. Calculate cumulative breadth. (Negative amounts should be indicated by a minus sign.)
Day
Advances
Declines
Net
Advances
Cumulative Breadth
1 1,041 1,004
2 833 1,000
3 721 1,059
4 773 1,508
5 461 1,095
6 988 882
7 1,182 1,149
8 939 722
9 1,120 918
10 784 766
Days | Advances (A) | Declines (D) | Net Advances (A-D) | Cumulative Breadth |
1 | 1,041 | 1,004 | 37 | 37 |
2 | 833 | 1,000 | -167 | -130 |
3 | 721 | 1,059 | -338 | -468 |
4 | 773 | 1,508 | -735 | -1,203 |
5 | 461 | 1,095 | -634 | -1,837 |
6 | 988 | 882 | 106 | -1,731 |
7 | 1,182 | 1,149 | 33 | -1,698 |
8 | 939 | 722 | 217 | -1,481 |
9 | 1,120 | 918 | 202 | -1,279 |
10 | 784 | 766 | 18 | -1,261 |
Cumulative breadth = yesterday's cumulative breadth + today's net advances