On-balance volume (OBV), a momentum indicator that measures positive and ... market is not confident in the price swing. How Do You Read On-Balance Volume? On-balance volume is a way of comparing ...

On-balance volume (OBV), a momentum indicator that measures positive and negative volume flow, was developed by Joseph Granville and introduced in 1963 to the technical community inside the pages ...

Despite being plotted on a price chart and measured numerically, the individual quantitative value of OBV is irrelevant. The indicator is cumulative, while the time interval remains fixed by a ...