Portfolio Management Software
Overview The Positive Volume Index (“PVI”) focuses on days where the volume increased from the previous day. The premise being that the “crowd” takes positions on days when volume increases. Interpretation Interpretation of the PVI assumes that on days when volume increases, the crowd-following “uninformed” investors are in the market. […]
Overview The Price and Volume Trend (“PVT”) is similar to On Balance Volume (“OBV,”) in that it is a cumulative total of volume that is adjusted depending on changes in closing prices. But where OBV adds all volume on days when prices close higher and subtracts all volume on days […]
Overview The Upside-Downside Volume indicator shows the difference between up (advancing) and down (declining) volume on the New York Stock Exchange. Interpretation The Upside-Downside Volume indicator shows the net flow of volume into or out of the market. A reading of +40 indicates that up volume exceeded down volume by […]