On Balance Volume (OBV)

Link: https://www.fidelity.com/learning-center/trading-investing/technical-analysis/technical-indicator-guide/obv Description On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator that adds volume on up days and subtracts volume on down days. When the security closes higher than the previous close, all of the day’s volume is considered up-volume. When the security closes lower than the previous close, all

All about day moving averages

http://economictimes.indiatimes.com/markets/stocks/news/learn-with-etmarkets-all-about-day-moving-averages/articleshow/54728267.cms There are several indicators that one can use to gauge the direction of an index or a stock going ahead. One of the keenly-watched indicators is day moving averages (DMAs). Here’s what it means. 1. What is Day Moving Average? It is a key technical indicator used to track trends in a stock or

Flying Plateau

A flying plateau is a pattern that forms after a stock has made a strong move up. Strong stocks will consolidate gains sometimes in a flat, sideways pattern in a tight range instead of selling back. This is a very bullish pattern, especially if it is formed on low volume. Picture a 45 degree rise