What are advancers and decliners

Advancers and decliners refer to the proportion of stocks that closed at a higher versus a lower price as compared to the previous trading day. Advancers are stocks that closed at a higher price, indicating an increase in value. Decliners are stocks that closed at a lower price, indicating a decrease in value. Technical analysts use advancers and decliners to analyze stock market behavior, discern volatility, and predict whether a price trend is likely to continue or reverse. A market is considered more bullish if more stocks advance than decline, and vice versa over some timeframe. Advancers and decliners form the basis of many different technical indicators, such as the advance-decline ratio, the advance-decline index, and the absolute breadth index. These indicators can provide insights into market sentiment and can be used to confirm price trends in major indexes.