Williams Accumulation Distribution
The Accumulation/Distributionindicator shows a relationship of price and volume. When the indicator isrising, the security is said to be accumulating. Conversely, when the indicatoris falling, the security is said to being distributing. Prices may reverse whenthe indicator converges with price.. It is a volume weighted price momentumindicator. It measures buying and selling pressure by calculating therelationship between the numbers of points that the market has moved from opento close, relative to the periods entire range. WilliamsAccumulation-Distribution tracks the buying pressure and selling pressure.Williams AD is a running sum of positive accumulation values (buying pressure)and negative distribution values (selling pressure).
The Williams Accumulation/DistributionIndicator tries to find underlying relationships between the close, high andlow prices. It tracks the buying pressure and selling pressure.
WilliamsAccumulation-Distribution (WAD) tracks buying pressure (accumulation) andselling pressure (distribution) on a security.
With accumulation, most of thevolume is associated with upward price movement.
With distribution, most of thevolume is associated with downward price movement.