Question

The on balance volume (OBV) indicatorA) considers only the amount of daily trading volume.B) indicates an up market when heavy volume accompanies price increases.C) is divergent when the OBV is falling and prices are also falling.D) rises by 10,000 on a day when the trading volume is 5,000 shares and the price rises by $2.

Answer 1

A) considers only the amount of daily trading volume

Step-by-step explanation:

On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.