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