Close Location Value - CLV
 |
Definition of 'Close Location Value - CLV'
A measure used in technical analysis to determine where the price of the asset closes relative to the day's high and low. The CLV ranges between +1 and -1, where a value of +1 means the close is equal to the high and a value of -1 means the close is equal to the day's low.
|
 |
Investopedia explains 'Close Location Value - CLV'
The close location value is most commonly known for its role in the calculation of the accumulation/distribution line, an indicator used to determine the rate at which money flows into or out of a given security. Implementing the close location value into other technical indicators like the one mentioned above is becoming more popular because it is often regarded as a better measure for the period's activity than relying solely on the closing price.
|
Search results for 'Close Location Value (CLV)'
-
http://www.investopedia.com/university/indicator_oscillator/ind_osc3.asp
... Calculation The first thing that is calculated is the close location value (CLV),
which is a reflection of the closing price of the period relative to the ...
-
http://www.investopedia.com/articles/trading/08/accumulation-distribution-line.asp
... Oscillator.) Close Location Value The first step in creating the accumulation/
distribution (A/D) line is finding the close location value (CLV), which looks at ...
|
|
