Description
The Price and Volume Trend (PVT) study is calculated as a cumulative algebraic sum of daily volumes multiplied by the percent change of the Close price.
PVT is a leading indicator for future price movements. The main signal offered by the PVT indicator is divergence from the price.
Plots
| Plot | Description |
|---|---|
PVT
|
The Price and Volume Trend indicator. |
ZeroLine
|
Zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.