Price By Volume Chart - PBV

AAA

DEFINITION of 'Price By Volume Chart - PBV'

A horizontal histogram plotted on the chart of a security, which corresponds to the volume of shares traded at a specific price level. Price by volume histograms are found on the Y-axis and are used by technical traders to predict areas of support and resistance.

INVESTOPEDIA EXPLAINS 'Price By Volume Chart - PBV'

Large price by volume bars are used to illustrate high buying and selling interest, and they are often regarded as a sign that the given price level will act as a strong area of support or resistance. It is common to see the price of an asset face little resistance when traveling between levels that have small PBV bars, but pushing the price past areas with large PBV bars is substantially more difficult.

RELATED TERMS
  1. Footprint Charts

    A group of charts that provide price and volume activity together ...
  2. Chartist

    An individual who uses charts or graphs of a security's historical ...
  3. Volume

    The number of shares or contracts traded in a security or an ...
  4. Technical Analysis

    A method of evaluating securities by analyzing statistics generated ...
  5. Resistance (Resistance Level)

    A chart point or range that caps an increase in the level of ...
  6. Support (Support Level)

    The price level which, historically, a stock has had difficulty ...
Related Articles
  1. Trade On Support For The Best Exit Strategy
    Active Trading Fundamentals

    Trade On Support For The Best Exit Strategy

  2. The Psychology Of Support And Resistance ...
    Active Trading Fundamentals

    The Psychology Of Support And Resistance ...

  3. Interpreting Support And Resistance ...
    Technical Indicators

    Interpreting Support And Resistance ...

  4. Gauging Support And Resistance With ...
    Active Trading Fundamentals

    Gauging Support And Resistance With ...

comments powered by Disqus
Hot Definitions
  1. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  2. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  3. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  4. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
  5. Over The Counter

    A security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, etc. The phrase "over-the-counter" ...
  6. Earnings Before Interest After Taxes - EBIAT

    A financial measure that is an indicator of a company's operating performance. EBIAT, which is equivalent to after-tax EBIT ...
Trading Center