"NegativeVolumeIndex" (Financial Indicator)

Commonly abbreviated as NVI.

Is a trend indicator.

Was developed by Norman Fosback.

Is computed using the close price and volume.

Returns two time series, the NVI, which accumulates when volume decreases, and a cumulative average.

Examples

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See Also

"PositiveVolumeIndex"  ▪  "OnBalanceVolume"  ▪  "CloseLocationValueVolume"  ▪  "AccumulationDistributionLine"