Background Knowledge – What is On Balance Volume OBV?
background knowledge On-Balance Volume (OBV): The Volume Indicator That Can Reveal What Price Is Hiding On-Balance Volume (OBV) is one of the simplest—and potentially most useful—volume-based indicators in technical analysis. Price tells you where the market is moving. OBV attempts to tell you whether volume is supporting that move. A stock can continue making new highs while buying pressure quietly…