I could not find the definition for "On Balance Volume". Can somebody explain it to me?Hi,Welcome to the Motley Fool.Allow me to introduce you to the power of an Internet search engine.Go to Google:http://www.google.com/Type "on balance volume", click on Google Search:http://www.google.com/search?q=on+balance+volume&btnG=Google+SearchThe first result for me is On Balance Volume - Technical Analysis from A to Z:http://www.equis.com/free/taaz/onbalanvol.html"On Balance Volume ("OBV") is a momentum indicator that relates volume to price change."You may want to read this article:Is Technical Analysis Voodoo?www.fool.com/news/foth/2001/foth010105.htmThe Fool also has a Technical Analysis Trading discussion boardhttp://boards.fool.com/Messages.asp?bid=100075Fool On,Keith O'MalleyTMF KGOMalleyInteresting Links: http://boards.fool.com/Message.asp?mid=15120702Motley Fool Select Find tomorrow's leaders today! The Motley Fool Select uncovers the market's best investment opportunities each month, with stock ideas for all investment styles. www.foolmart.com/Shopping/Product_View.asp?PRODUCT_ID=MF4200_01&ref=CSBO02111
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