A momentum indicator that attempts to gauge supply and demand by determining whether investors are generally "accumulating" (buying) or "distributing" (selling) a certain stock by identifying divergences between stock price and volume flow. It is calculated using the following formula: Acc/Dist = ((Close – Low) – (High – Close)) / (High – Low) * Period's volume
Rho Lall's insight:
AccDis looks at price change on a percentage basis and then scales that change by the volume for the period.
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