1.8 KiB
Vendored
title, description, keywords
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| ad | Learn about the Accumulation/Distribution Line and how it is interpreted to detect trends in price movement. Explore its parameters, usage, and see code examples. |
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import Tabs from '@theme/Tabs'; import TabItem from '@theme/TabItem';
The Accumulation/Distribution Line.
Similar to the On Balance Volume (OBV). Sums the volume times +1/-1 based on whether the close is higher than the previous close. The Accumulation/Distribution indicator, however multiplies the volume by the close location value (CLV). The CLV is based on the movement of the issue within a single bar and can be +1, -1 or zero.
The Accumulation/Distribution Line is interpreted by looking for a divergence in the direction of the indicator relative to price. If the Accumulation/Distribution Line is trending upward it indicates that the price may follow. Also, if the Accumulation/Distribution Line becomes flat while the price is still rising (or falling) then it signals an impending flattening of the price.
Parameters
data : List[Data]
List of data to be used for the calculation.
index : str, optional
Index column name to use with data, by default "date".
offset : int, optional
Offset of the AD, by default 0.
Returns
OBBject[List[Data]]
Examples
from openbb import obb
stock_data = obb.equity.price.historical(symbol="TSLA", start_date="2023-01-01", provider="fmp")
ad_data = obb.technical.ad(data=stock_data.results,offset=0)
Parameters
This function does not take standardized parameters.
Returns
This function does not return a standardized model