OBV (On-Balance Volume)
A running total of volume that adds on up days and subtracts on down days.
OBV keeps a cumulative tally: the day's traded volume is added when the price closed up and subtracted when it closed down.
The idea is that volume reveals conviction. A rising OBV means the up days are the busy ones — accumulation. Falling OBV while the price holds steady suggests the selling is the committed side.
The absolute number is meaningless — it depends entirely on when the count started. Only its direction carries information.
Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.