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On balance volume
OBV is a momentum indicator relating volume to price change. If prices rise, volume is considered up-volume; if price, it is considered down-volume. Up-volume is added to the cumulative total, and down-volume is subtracted.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Energy
- Category: Energy trade
- Company: Platts
- Product:
- Acronym-Abbreviation:
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