The accumulation/distribution line was created by Marc Chaikin to determine the flow of money into or out of a security.1 It should not be confused with the ...LinkedInwithBackgroundYourPrivacyRightsInvestopediaandourthird-partypartnersusecookiesandprocesspersonaldatalikeuniqueidentifiersbasedonyourconsenttostoreand/oraccessinformationonadevice,displaypersonalizedadsandforcontentmeasurement,audienceinsight,andproductdevelopment.TochangeorwithdrawyourconsentchoicesforInvestopedia.com,includingyourrighttoobjectwherelegitimateinterestisused,clickbelow.Atanytime,youcanupdateyoursettingsthroughthe"EUPrivacy"linkatthebottomofanypage.Thesechoiceswillbesignaledgloballytoourpartnersandwillnotaffectbrowsingdata.ListofPartners(vendors)Weandourpartnersprocessdatato:Activelyscandevicecharacteristicsforidentification.Useprecisegeolocationdata.Storeand/oraccessinformationonadevice.Selectpersonalisedcontent.Createapersonalisedcontentprofile.Measureadperformance.Selectbasicads.Createapersonalisedadsprofile.Selectpersonalisedads.Applymarketresearchtogenerateaudienceinsights.Measurecontentperformance.Developandimproveproducts.ListofPartners(vendors)IAcceptShowPurposesTechnicalAnalysisGuidetoTechnicalAnalysisTechnicalAnalysisBasicEducationAdvancedTechnicalAnalysisConceptsTechnicalAnalysisAdvancedTechnicalAnalysisConceptsTableofContentsExpandFindingtheCloseLocationValueBenefitsandDrawbacksofUsingtheA/DLineBullishandBearishSignalsOtherIndicatorsUsedAlongwiththeA/DLineExamplesoftheA/DLineInActionTheBottomLineTheaccumulation/distributionlinewascreatedbyMarcChaikintodeterminetheflowofmoneyintooroutofasecurity.Itshouldnotbeconfusedwiththeadvance/declineline.Whiletheirinitialsmightbethesame,theseareentirelydifferentindicators,asaretheirusers.Theadvance/declinelineprovidesinsightintomarketmovementsandtheaccumulation/distributionlineisofusetotradersseekingtomeasurebuy/sellpressureonasecurityorconfirmthestrengthofatrend.  CloseLocationValueThefirststepincreatingtheaccumulation/distribution(A/D)l