OBV
On-Balance Volume
Technical AnalysisA cumulative total of volume based on whether price closed up or down. Measures buying and selling pressure.
Formula
OBV = Previous OBV + Current Volume (if close > prev close) or - Volume (if close < prev close)
Why it matters
Rising OBV with rising price confirms uptrend. Divergence between price and OBV can signal trend reversal.
Indian example
Related terms
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