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What is On-Balance Volume (OBV)?

April 26, 2017obv volume

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What is On-Balance Volume (OBV)?

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A method used in technical analysis to detect momentum, the calculation relates volume to price change. OBV provides a running total of volume and shows if this volume is flowing in or out. This indicator was developed by Joe Granville. Basically it attempts to detect when a financial instrument (stock, bond, etc.) is being accumulated by a large number of buyers, or sold by many sellers.