SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: buckbldr who wrote (43236)5/1/2005 7:56:29 AM
From: chowder  Read Replies (1) of 206347
 
>>> DB, I've long pondered what is the difference between volume and , for example, the Chaiken Money Flow. Is volume a measure of the quantities of trades made, regardless of numbers of shares in each trade?.... <<<

Volume is the total number of shares bought and sold. If the price closes up on the day, volume is given a bullish view. If price closes down on the day, volume is considered bearish, even though some of the volume can be attributed to bulls buying.

The Chaiken Money Flow indicator actually measures accumulation or distribution.

>>> The basic premise behind the Accumulation Distribution Line is that the degree of buying or selling pressure can be determined by the location of the close relative to the high and low for the corresponding period (Closing Location Value). There is buying pressure when a stock closes in the upper half of a period's range and there is selling pressure when a stock closes in the lower half of the period's trading range. <<<

stockcharts.com

dabum
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext