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

Positive Volume Index
Parameters None
Usage Postive Volume Index
PVI
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.
Examples
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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