On Balance Volume (OBV)

The On Balance Volume indicator (OBV) is used in technical analysis to measure buying and selling pressure. It is a cumulative indicator meaning that on days where price went up, that day's volume is added to the cumulative OBV total. If price went down, then that day's volume is subtracted from the OBV total. The OBV value is then plotted as a line for easy interpretation. On Balance volume is primarily used to confirm or identify overall price trends or to anticipate price movements after divergences.

Read more about the On Balance Volume indicator in TradingView wiki.
extantproject extantproject PRO BTCUSD, 30, Long ,
BTCUSD: Bitcoin BTCUSD to $2573.95 on GDAX
166 0 4
BTCUSD, 30 Long
Bitcoin BTCUSD to $2573.95 on GDAX

Volatility funnel. Volatility decreasing, as measured by Average True Range (ATR). On Balance Volume (OBV) increasing over same period. Bitcoin to bamp?

extantproject extantproject PRO HMY, 240, Short ,
HMY: Harmony Gold Short - Inverted Hunt Volatility Funnel (HVF)
59 1 3
HMY, 240 Short
Harmony Gold Short - Inverted Hunt Volatility Funnel (HVF)

Inverted Hunt Volatility Funnel. Average true range decreasing over last few months while on balance volume decreasing. This is not advice of any kind.

extantproject extantproject PRO SPIL, W, Long ,
SPIL: Siliconware Precision To Double Up Over Long-term
19 0 2
SPIL, W Long
Siliconware Precision To Double Up Over Long-term

Hunt Volatility Funnel (HVF) on 1 week chart. Average true range generally decreasing over period under review. On balance volume generally increasing over same period. Announcement coming up? This is not advice of any kind.

CarlosOfOz CarlosOfOz USDMXN, D, Long ,
USDMXN: U.S Dollar against the Mexican Peso Cup and handle Pattern 1D
67 0 5
U.S Dollar against the Mexican Peso Cup and handle Pattern 1D

I am waiting to pierce and confirm first but here maybe a cup and handle pattern. I am using others Indicators to confirme a long term trend. ( RSI, CCI, 1 SMA and Bollinger Bands, On balance Volume, ADX and watching ATR also ) So if it confirms as I want with chart pattern + some indicators I will go long 2 Units. TP 1 : Sell one unit TP 2 : Sell second ...

Iwanag4 Iwanag4 ABEV3, W,
ABEV3: ABEV3 em triangulo...
20 0 4
ABEV3 em triangulo...

Olá ABEV3 em triangulo> ABEV3 em retângulo, formando também um triângulo simétrico, próximo a uma media de 200 períodos ( que o mercado respeita muito com suporte... ), Também OBV em uma zona de forte suporte, porem dando um pequeno Advanced break down. O melhor que podemos fazermos é aguardarmos o rompimento do triângulo, assim buscando o topo do retângulo, e ...

zhsloe zhsloe BNC1/BLX, W,
BNC1/BLX: BTC Gameplan for Coming Weeks
82 2 2
BTC Gameplan for Coming Weeks

Judging on volatility pattern, blow-off top in running volume pattern and possible liquidity shortage due to regulation issues in China, market conditions on bitcoin are changing. Knowing bitcoin history one can easily deduct that such conditions are going to be very attractive for acccumulating BTC as it is going to get a relatively cheap and even riskless ...

xtrader1 xtrader1 DOWI, D, Short ,
DOWI: Update on Dow Jones: expect correction lower
231 5 3
DOWI, D Short
Update on Dow Jones: expect correction lower

This is an update on this earlier forecast from 28-01-2017: https://www.tradingview.com/chart/DOWI/BCPiMdxV-Forecast-Dow-Jones-Move-up-to-20250-then-major-move-down/ We have seen a retrace below the 19925 followed by a surge up to 20250 as predicted. See snapshot below: https://www.tradingview.com/x/qqwSHQ6w/ It looks like the Dow Jones is topping. Notice how ...

FxWirePro FxWirePro PRO USDMXN, D, Long ,
USDMXN: USD/MXN flies after “Dragonfly Doji’ formation cushioned at 7DMA
108 0 5
USD/MXN flies after “Dragonfly Doji’ formation cushioned at 7DMA

USD/MXN flies after “Dragonfly Doji’ formation cushioned at 7DMA, price, OBV and OI move in sync with major uptrend: After dragonfly doji, the current prices spike after testing support at 7DMA, rallies well supported with bullish DMA crossover and momentum confirmation by leading oscillator. No traces of bearish indications, uptrend constantly well above ...

UKOIL: UK oil 2017:week 1
99 0 3
UK oil 2017:week 1

Generally I believe we have overcome a strong resistance point confirmed by the black trend line with enough volume, also seen on the On balance volume indicator. According the M. Pring this should mean that are likely to reach a new high. I would have my marbles on reaching 60 as we know psychologically people love to consolidate around round ...

crashman111 crashman111 GXY, D, Long ,
GXY: symmetrical tri + Doji Formation + Heiken Ashi weakness
110 0 5
GXY, D Long
symmetrical tri + Doji Formation + Heiken Ashi weakness

1) Doji formation 22/1/16 indicating further indecision after then big bearish candle. 2) MACD (3.7.3) looks to be crossing over to the positive 3) Heiken Ashi bars show weakness in the bearish move and possible reversal 4) price has broken out of black line channel but seems to be bound by the green lined symmetrical triangle. 5) Stochastic and on balance volume ...

Marqus Marqus SPY, D, Short ,
SPY: S&P Vol indicating big move coming
235 0 6
SPY, D Short
S&P Vol indicating big move coming

1.Volume Osc now at an extreme reading indicating large move coming 2. Negative divergence with On Balance volume indicating bearish move 3. Profit taking beginning 2150 .Bottom of gap just below 211.20 could be filled with this move and retest 2100 support 4. Trend line resistance at around 222. stops above 5. Move expected between now and year end. Best of luck,

CristianoVinattieri CristianoVinattieri IVZ, D, Long ,
9 0 1
IVZ, D Long
IVZ Long

On Balace Volume (OBV) shows that interest may be back in this great asset manager, which saw positive capital inflow as of the latest quarterly report despite an overall negative trend in the sector. When volume rises, price generally tends to follow. Noteworthy is also MACD which just crossover its signal hinting at a possible change of long-term ...

purpurato59 purpurato59 PRO SI1!, D, Long ,
SI1!: Silver accumulation
240 3 7
SI1!, D Long
Silver accumulation

Silver price action has been quite flat for a few days now but there is an interesting fact to observe: it seems clear to be some accumulation in this area creating a solid support. You can see three different volume indicators all pointing upwards. OBV has been going up way faster than price and money flow index is coming back to bull territory. This same ...

LuckyDinAZ LuckyDinAZ PRO BMY, D, Long ,
BMY: Spontaneous remission from a terminal prognosis
44 0 1
BMY, D Long
Spontaneous remission from a terminal prognosis

BMY recently has had poor lung cancer treatment results and is getting sold off, movement compounded by Mercks recent promising results in the the same treatment field. Today was another huge down day, with a push past 3 standard deviations according to a 20 day closing Bollinger Band. Long because On Balance Volume has been improving while the price has been ...

Undertow Undertow CS, D, Long ,
CS: Wyckoff Accumulation Phases of Credit Suisse
119 0 1
CS, D Long
Wyckoff Accumulation Phases of Credit Suisse

Some remarks on the price evolution of CS Credit Suisse stock was in a downtrend which ended with a selling climax (SCLX) on February 11 this year. After that CS showed signs of being accumulated. The Brexit vote initiated a huge shake out. During this shake out it broke below its trading range, after which it trended back up into the trading range. Here it ...

GoldBands GoldBands PRO GCZ2016, D, Short ,
GCZ2016: Gold - The Week in Review - 9/16/2016
34 0 0
GCZ2016, D Short
Gold - The Week in Review - 9/16/2016

Hello Traders! Thanks for joining me for this edition of Gold - The Week in Review. Last week we initiated a Gold short on Thursday @ 1341.8 and price moved down for the rest of the week. In fact, Friday's candle crossed and closed solidly below the midline of the range. Monday continued the bearish movement as price gapped down at the opening, closing at the ...

juniortrader juniortrader NYX, D, Short ,
NYX: Trading with the Trend, $NYX
69 0 3
NYX, D Short
Trading with the Trend, $NYX

Nyx Gaming Group has just had a 46% price increase in the past two weeks up until its peak. Price is now very overbought and as stated on the chart there are several bearish indications of why this is a good short sale. Also as you can see on the chart, price recently bouced back from the top lin reg line as it did a couple months ago. Price target is middle lin ...

ezillionaire ezillionaire AVEO, D, Short ,
AVEO: AVEO an oversold stock!
24 0 1
AVEO, D Short
AVEO an oversold stock!

RSI & On Balance Volume shows stock is oversold..check the last two reversal when stock hits these RSI & OBV levels.

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