The On-Balance Volume indicator in English, or OBV for short, is a technical indicator based on trading volume. It predicts the future trend of stock prices by combining price trends and changes in trading volume. What is unique is that it takes the relationship between price changes and trading volume as the core of the analysis, thus providing important clues to market sentiment and momentum. The Balanced Volume indicator was invented by Joe Granville in the 1960s and is widely used in stock market analysis to capture price trends and changes in market sentiment.
Technical Analysis
What is the Balanced Volume Indicator? How to use the OBV indicator?
Educational content only. Not investment advice.