On Balance Volume (OBV) Indicator Explained: Formula, Strategy & How It Works
To answer what is On Balance Volume (OBV), it is a momentum-based technical analysis tool that links trading volume to price movement. Introduced by Joseph Granville, OBV full form is On Balance Volume, and it operates on a simple idea: volume precedes price. The on-balance volume indicator is a cumulative metric, which means it builds […]
