• Google Inc.545.00-0.71 - -0.13%
  • Apple Inc.119.11+1.40 - +1.19%
  • Facebook Inc.77.65+1.99 - +2.63%
  • S&P 5002072.83+5.80 - +0.28%
  • FTSE 1006668.02-55.40 - -0.82%
  • EUR/USD1.2453
  • GBP/USD1.5693
  • USD/JPY118.19
  • EUR/GBP0.7937
  • AUD/USD0.8523

On Balance Volume ( OBV )

On Balance Volume (OBV) is a technical analysis indicator used in order to measure momentum and to validate indications of several aspects like trends. The on balance volume is calculated based on the volume and price rate changes so price changes with higher volume get more significance than price changes with less volume. When the OBV moves up it can confirm an uptrend and when it moves down it can confirm a downtrend.

OBV



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