Upside Volume: The total volume of all advancing stocks over a given time period, e.g. daily.
Then you calculate each week (or day) the difference between the upside volume and downside volume by adding the volume of advancing issues and subtracting the volume of declining issues.
Volume: After the large volume decline on 24-Feb (red arrow), upside volume began to increase. Above-average volume continued on advancing days and when the stock broke trend line resistance.
The Up/Down Ratio indicator shows the relationship between the volume of advancing issues and the volume of declining issues. Upside volume is simply the sum of all volume associated with stocks that closed up in price, ...
... confirm a price move (divergence), a signal is given for a possible trend reversal. For example, upside volume may fail to expand to support increased prices. Signals are also provided ...
When the U/DV line doesn't confirm a price move (divergence), a signal is given for a possible trend reversal. For example, upside volume may fail to expand to support increased prices.
 See also: Volume, Market, Stock, Advancing, Trend
  
|
RSS
