On-balance volume (OBV) is a technical analysis indicator intended to relate price and volume in the stock market. OBV is based on a cumulative total volume.
Read more about On-balance Volume: The Formula, Application, Similar Indicators
Famous quotes containing the word volume:
“The other 1000 are principally the ‘old Yankee stock,’ who have lost the town, politically, to the Portuguese; who deplore the influx of the ‘off-Cape furriners’; and to whom a volume of genealogy is a piece of escape literature.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)