The CVI (Cumulative Volume Index) is a market momentum indicator that indicates whether money is flowing in or flowing out of the stock market. It is worked out by deducting the volume of declining stocks from the volume of the advancing stocks and adding the derived value to a running total. The Cumulative Volume Index is similar to On Balance Volume (OBV). Both are designed to identify whether the volume is flowing into or out of the market. The CVI shows whether there is more up or down volume and how long the current volume trend has been in place. We, at Money Classic Research (MCR), the leading Stock and commodity firm, explore different strategies for traders’ benefit. MCR provides special strategic option tips and recommendation on stocks. The technical analysts of MCR always endeavor to find out accurate tips stock future tips. for traders.
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