OBV
On Balance Volume (OBV)
Its formula relates the Volume to the price movement in the period,
determining the strength of the buying pressure and the selling pressure in the stock.
Measure the strength of the trend,
Identify Possible Rollbacks
Flag the emergence of new trends
Its formula relates the Volume to the price movement in the period,
determining the strength of the buying pressure and the selling pressure in the stock.
Measure the strength of the trend,
Identify Possible Rollbacks
Flag the emergence of new trends