AD Ratio Diverging Among Regions – Asia Is Improving and North America Is Deteriorating
May 05, 2014
By Uncategorized in
The 200-day moving average of the Advance/Decline Ratio are showing some significant divergences among regions in the MSCI World. On the positive side the AD ratio has significantly improved for MSCI Asia-Pacific since September 2013. The AD ratio has converged back towards the price series. Meanwhile in North America, the AD ratio is making 4-year lows. Overall for the entire MSCI World Index, the AD ratio has held relatively steady for a year.
Tags > MSCI World, Technicals