VOLUME PRICE TREND

1 June 2016 By PDSNET

In which a running sum is maintained when a day's total volume is added if the market closes positive or the day's total volume is subtracted if the market closes lower. In this calculation the day's volume is usually multiplied by the percentage change in the share's price and then added or subtracted to a running total. This is designed to be an improvement on the On-balance Volume because it incorporates the size of the daily price movement.



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