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:
“Love is both Creator’s and Saviour’s gospel to mankind; a volume bound in rose-leaves, clasped with violets, and by the beaks of humming-birds printed with peach-juice on the leaves of lilies.”
—Herman Melville (1819–1891)