Indicator - PVT - Price Volume Trend

  • 1356
  • 0

Definition PVT - Price Volume Trend



%var = (close-yesterday's close)/(yesterday's close)
PVT = %var * today's volume + yesterday's PVT

Interpretation PVT - Price Volume Trend



The PVT gives good divergence signals.
A sell signal is given when a bearish divergence appears. A bearish divergence occurs when the stock price makes new highs while the PVT fails to make new highs.
A buy signal is given when a bullish divergence appears.\n A bullish divergence occurs when the stock price makes new lows while the PVT fails to make new lows.

About author

  • 20
  • 42
  • 60
  • 5

Add a comment

no pic

Comments

0 Comments