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Negative Volume Index - NVI

What Does It Mean?
What Does Negative Volume Index - NVI Mean?
An index that focuses on days where the volume has significantly decreased from the previous day's trading.
Investopedia Says
Investopedia explains Negative Volume Index - NVI
The index tries to determine what smart investors are doing. It is believed that when volume is high, uninformed investors will sell. While on slow days, "shrewd investors" will quietly buy or sell the stock.
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