Negative volume index

Negative Volume Index (NVI)
Used together with the Positive Volume Index, it can identify bull markets. These indicators are created on the notion that smart money dominates trading on quiet days.

Negative Volume Index (NVI) attempts to identify bull markets by showing what the smart investors are doing. It is based on the assumption smart investors dominate trading on light volume days and uninformed investors dominates trading on active days.

Negative Volume Index
The Negative Volume Index was introduced (in Stock Market Logic) by Norman Fosback and is often used in conjunction with Positive Volume Index to identify bull markets.

The Negative Volume Index was introduced by Norman Fosback in his 1976 book, Stock Market Logic. Along with the Positive Volume Index, this indicator seeks to indentify bull and bear markets.

Negative Volume Index - NVI
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Noise Trader ...

Negative Volume Index - The two indicators are based on the assumption that the smart money dominates trading on quiet days and that the uninformed crowd dominates trading on active days.

Negative Volume Index
The NVI displays what the smart money is doing.
Price Volume Trend ...

NEGATIVE VOLUME INDEX
Overview
The Negative Volume Index ("NVI") focuses on days where the volume decreases from the previous day. The premise being that the "smart money" takes positions on days when volume decreases.

Negative Volume Index
Calculation:
If current candle's volume is lower than previous candle's, add NVI*(C-PC)/PC (C=current close, PC=previous close, NVI=previous Negative Volume Index).

Negative Volume Index Abbreviated as NVI, refers to an index that tries to determine what experienced... negative yield curve An uncommon situation in which long-term interest rates have lower yields than... negligence The failure to act.

Negative Volume Index
Net Assets
Net Asset Value NAV
Net Cash from Continuing Operations
Net Cash from Discontinued Operations
Net Cash from Financing Activities
Net Cash from Investing Activities
Net Cash from Operating Activities ...

The Positive Volume Index was introduced by Norman Fosback and is often used in conjunction with Negative Volume Index to identify bull and bear markets.

See also: Volume, Index, Stock, Market, Trading