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:
“And all the great traditions of the Past
They saw reflected in the coming time.
And thus forever with reverted look
The mystic volume of the world they read,
Spelling it backward, like a Hebrew book,
Till life became a Legend of the Dead.”
—Henry Wadsworth Longfellow (1809–1882)