Positive Volume Index

pvi

Function Name: pvi

Tags: None

Category: Volume

The Positive Volume Index (PVI) concentrates on the market in times of increasing trade volumes. Like the Negative Volume Index, it is a cumulative indicator. It is only calculated when the volume increases compared to the previous day; otherwise, it stays the same.

 

Link:       http://www.investopedia.com/terms/p/pvi.asp