Accumulation & Distribution

How the accumulation / distribution score is computed

For every listed stock we look at the last 7 calendar days of NEPSE end-of-day data. Each daily bar is classified as either an up day (close greater than previous close) or a down day (close less than previous close). We sum the volume on up days versus down days. The score is (up_volume − down_volume) ÷ total_volume and ranges from −1 (every share traded on down days) to +1 (every share traded on up days). Stocks scoring above +0.15 are considered accumulating; below −0.15, distributing. Anything in between is treated as neutral and hidden from both lists.

This is a flow indicator, not a buy / sell recommendation. Accumulation can persist for weeks before a price move; equally, a stock distributing on weak hands can still rally if a fresh buyer arrives. Cross-check against the volume analysis and broker analysis views before acting on a signal.