Divergence is a commonly used word in science and mathematics. But in terms of a stock market glossary, the divergence occurs when the price of any asset is moving in the opposite direction to that of an indicator. Traders and investors commonly use these divergences to trade in the stock market. In this article, we … Continue reading “The True Power of Hidden Divergence”
Tag: on balance volume
Price Volume Trend Indicator Formula & Strategy
The Price Volume Trend Indicator (PVT) is a technical momentum indicator that relates price and volume. It is utilized by investors and analysts to identify the parity between the supply and demand of a stock. This indicator was invented by Joseph E. Granville. What is the Price Volume Trend Indicator? Traders use both the Price Volume … Continue reading “Price Volume Trend Indicator Formula & Strategy”
Trading the On Balance Volume Indicator (OBV)
The On Balance Volume or OBV is a technical analysis indicator that measures buying and selling pressure. It was developed by Joe Granville. This is introduced in Joe Granville’s 1963 book, Granville’s New Key to Stock Market Profits. It was one of the first indicators to measure positive and negative volume flow. In this article, … Continue reading “Trading the On Balance Volume Indicator (OBV)”