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NEW QUESTION: 1
The ratio of upside-downside volume is equal to
A. the number of downticks in the stock market divided by the number of upticks.
B. the number of stocks increasing divided by the number of stocks decreasing.
C. the total volume of increasing stocks plus half the volume of unchanged stocks, divided by the total volume of decreasing stocks.
D. the total volume of increasing stocks divided by the total volume of decreasing stocks.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
Technical analysts may use the ratio of upside-downside volume as an indicator of short-term momentum for the market. They feel that a ratio value of 1.50 or more indicates that the market is overbought, while a ratio of 0.70 or less indicates that the market is oversold.

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