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Compute the level of on-balance volume (OBV) for the following three-day period for a share, if the beginning level of OBV is XXXXXXXXXXand the share closed yesterday at $25. Does the movement in OBV...

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Compute the level of on-balance volume (OBV) for the following three-day period for a share, if the beginning level of OBV is XXXXXXXXXXand the share closed yesterday at $25.

Does the movement in OBV appear to confirm the rising trend in prices? Explain.

 

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Answered Same Day Dec 25, 2021

Solution

David answered on Dec 25 2021
139 Votes
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