Description
The Negative Volume Index (NVI) study is calculated by adding the percent change in the closing price of a security to the previous value of NVI, if the volume has decreased. If the volume has increased, the NVI is unchanged. The initial value of NVI is 100.
Plots
| Plot | Description |
|---|---|
NVI
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The Negative Volume Index study. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.