StockFetcher Forums · Indicators and Measures · Positive Volme Index (PVI)<< >>Post Follow-up
980 posts
msg #32874
8/17/2004 2:39:00 PM

Positive Volume Index

Parameters None
Usage Postive Volume Index
Description The Positive Volume Index (PVI), developed by Norman Fosback, is affected by days where the volume has increased from the previous day. By analyzing only positive volume days, the PVI attempts to detect days when the market is in a "follow-the-leader" mode, or as Fosback indicates, the PVI shows what the "not-so-smart" money is doing.
Fetcher[show stocks where PVI crossed above CMA(PVI,247)]

StockFetcher Forums · Indicators and Measures · Positive Volme Index (PVI)<< >>Post Follow-up

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