What is on balance volume nedir?

On Balance Volume (OBV) is a technical indicator used by traders to measure buying and selling pressure. It was developed by Joseph Granville in the 1960s. The OBV indicator calculates cumulative buying and selling volume for a currency or stock over a specified time period. It is used to confirm trends, as it shows if there is more buy or sell pressure in the market. If the OBV is rising, it indicates that buyers are in control, and if it is falling, it indicates that sellers are in control. Traders can use OBV to identify potential trend reversals or confirm current trends. It is a good tool to use in conjunction with other forms of technical analysis to make trading decisions.