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 On Balance Volume indicator in TradingView wiki.
viraj21283 viraj21283 MCDOWELL_N, D, Long , 19 hours ago
MCDOWELL_N: Nice price action today
4 0 2
Nice price action today
Stock should continue to move up as long as it is above 2050 levels
timwest timwest PRO SPX500, M, Long , 6 days ago
563 6 22
SPX500, M Long
I put trendlines on here that have SIGNIFICANT touch-points along the last 45+ years of market action. I also highlighted in bright green where there was a dip below the highest of the MAJOR 20+ year trendline to show how the market accumulated below those prices and regrouped for the latest rally. Do "trends" ...
FxWirePro FxWirePro PRO USDMXN, D, Long , 8 days ago
USDMXN: USD/MXN flies after “Dragonfly Doji’ formation cushioned at 7DMA
95 0 4
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 ...
Jan WillemDe Korver Jan WillemDe Korver PRO UKOIL, D, 17 days ago
UKOIL: UK oil 2017:week 1
93 0 4
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 ...
crashman111 crashman111 GXY, D, Long , a month ago
GXY: symmetrical tri + Doji Formation + Heiken Ashi weakness
100 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 ...
Marqus Marqus SPY, D, Short , 2 months ago
SPY: S&P Vol indicating big move coming
228 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. ...
CristianoVinattieri CristianoVinattieri IVZ, D, Long , 2 months ago
6 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 ...
purpurato59 purpurato59 PRO SI1!, D, Long , 2 months ago
SI1!: Silver accumulation
224 3 5
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 ...
MoneyFlowTrader MoneyFlowTrader LABD, 15, Long , 2 months ago
LABD: Macd & A/D Education review for future references
81 0 1
LABD, 15 Long
Macd & A/D Education review for future references
Some of you have asked about spike trading. One way I calculate future spike is by using my Fibs. I draw the height of the fib to match the height of the Macd & Accumulation/Distribution, then I draw it to the bottom of the Macd/Accumulation. You should notice that they precede each other. In other words they both ...
ChartArt ChartArt SPX, D, Long , 3 months ago
SPX: More Before Less Central Bank Stimulus To Run Economies Hot 2017
215 1 6
SPX, D Long
More Before Less Central Bank Stimulus To Run Economies Hot 2017
Central banks are (again) helping bulls by keeping the stimulus active until they see higher inflation - according to rumors and speculation of the last three days, ahead of the next ECB meeting this Thursday, October 20, 2016, where Mario Draghi might surprise the market to the upside again, after the reaction to ...
MoneyFlowTrader MoneyFlowTrader XAUUSD, 15, Long , 3 months ago
XAUUSD: Took profits on $jdst now ready for Gold Run to $1330+ $jnug
229 8 4
XAUUSD, 15 Long
Took profits on $jdst now ready for Gold Run to $1330+ $jnug
Took profits on $jdst based on huge cup potential & with the A/D showing me its future direction. Not stating when, how, why or giving trading advice. However, I'm very confident of $130-40 range within next 1.5 week. I have several targets $1268 b/o leads to $1280, $1280 leads us back to $1330-40 range, if we take ...
MoneyFlowTrader MoneyFlowTrader XAUUSD, 30, Short , 3 months ago
XAUUSD: 30 Min Accumulation/Distribution Chart
65 0 1
XAUUSD, 30 Short
30 Min Accumulation/Distribution Chart
Bulls in danger of loosing it all, Breach of $1255 Gold Spot invalidates Inverse Head and Shoulders. Bears pressing to the max. Downtrend could continue to $1220-34 range before a bounce. 15min time frame shows A/D w/ potential Inverse Head & Shoulders, however Strong Head and Shoulders on 30min A/D chart. Watching ...
LuckyDinAZ LuckyDinAZ PRO BMY, D, Long , 3 months ago
BMY: Spontaneous remission from a terminal prognosis
34 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 ...
MoneyFlowTrader MoneyFlowTrader XAUUSD, 15, Short , 3 months ago
XAUUSD: A/D confirming H/S on gold $jdst $jnug $nugt $dust
53 1 0
XAUUSD, 15 Short
A/D confirming H/S on gold $jdst $jnug $nugt $dust
A/D= Accumulation/Distribution
Undertow Undertow CS, D, Long , 3 months ago
CS: Wyckoff Accumulation Phases of Credit Suisse
74 0 0
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 ...
GoldBands GoldBands PRO GCZ2016, D, Short , 4 months ago
GCZ2016: Gold - The Week in Review - 9/16/2016
31 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 ...
MoneyFlowTrader MoneyFlowTrader XAUUSD, 240, Long , 4 months ago
XAUUSD: Accumulation/Distribution formed Inverse HS $jnug $jdst
125 0 1
XAUUSD, 240 Long
Accumulation/Distribution formed Inverse HS $jnug $jdst
weak hands folding Disc: calls on Jnug,puts on Jdst
juniortrader juniortrader NYX, D, Short , 4 months ago
NYX: Trading with the Trend, $NYX
54 0 2
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 ...
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