StockFetcher Forums · Indicators and Measures · On Balance Volume(OBV)<< >>Post Follow-up
stockfetcher
963 posts
msg #25013
8/28/2002 8:37:20 AM


On Balance Volume(OBV)

Parametersnone
UsageOBV
Average OBV(Period)
DescriptionOn Balance Volume uses volume on up and down days as a momentum indicator for a stock. A cumulative momentum indicator, the On Balance Volume adds the daily volume on a day where the stock closes up and subtracts the daily volume on days when the stock closes down. Because the OBV is not normalized from one stock to another, typical interpretations analyze the slope to determine potential momentum changes. The Average OBV is an exponential moving average of the OBV line.
Examples
Fetcher[OBV has been increasing for 3 days
and close is above 2.00
and average volume(30) is above 250000
]



Fetcher[OBV has been decreasing for 5 days lag 2 and OBV has been increasing for 2 days
and close is above 2.00
and average volume(30) is above 250000
]




Fetcher[OBV(20) crossed above Average OBV(20)]









StockFetcher Forums · Indicators and Measures · On Balance Volume(OBV)<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus