Cumulative Volume Index - CVI
Definition of 'Cumulative Volume Index - CVI'A momentum indicator that gauges the movement of funds into and out of the entire stock market by adding the difference between advancing and declining stocks to a running total. |
|
Investopedia explains 'Cumulative Volume Index - CVI'By showing the direction of volume flow, the CVI is very similar to OBV. The difference between the two indicators is in the actual methods of calculation. CVI uses actual up and down volume statistics while OBV generalizes the closing prices of a particular security.CVI can be useful in determining the overall trend and its starting point. Any divergences between the CVI and the market index are indicators of a future correction. |
Related Definitions
Articles Of Interest
-
Market Summary For May 17, 2013
The U.S. stock markets moved sharply higher this week, on track for its fourth straight week of gains, driven by ongoing improvements in economic indicators. -
Parabolic SAR Buy Signals
The Parabolic SAR indicator is flashing "buy" in these four diverse stocks. Not simply relying on one indicator though, I take a look at the overall technical outlook and determine which ones ... -
Market Summary for May 10 2013
Major U.S. indices moved higher this week but, given the new highs, traders should watch for retracements next week. -
Buying The Upward Trend Channel Bounce
Find out how to set up the trades for four stocks that are moving higher within well-defined trend channels. -
Market Summary for May 3 2013
The U.S. stock market extended its rally higher this week, led by technology stocks and lagged by small-cap stocks. Traders should be watching a number of other reports due out next week. -
Trading Is Timing
Learn how to make gains even if you don't get in at the right time. -
Leading Economic Indicators Predict Market Trends
Leading indicators help investors to predict and react to where the market is headed. -
Specific Stocks "Hammering" Out a Bottom
A Hammer candlestick pattern can signify a turn-around in a stock, marking the shift from a downtrend to an uptrend. Here's how to indentify the signal, along with four stocks which may be hammering ... -
Trading Forex Trends With MACD And Moving Averages
Although based on short-term trading, keeping the long-term picture in mind will help investors trade with the trend. -
Market Summary for April 26 2013
The major U.S. indices moved higher this week, led by technology stocks on the NASDAQ and lagged by the DJIA. Foreign markets also experienced a relatively bullish week, led by Japan’s Nikkei ...
Free Annual Reports