Financial Time Series Toolbox | ![]() ![]() |
Syntax
obv = onbalvol(closep, tvolume) obv = onbalvol([closep tvolume]) obvts = onbalvol(tsobj) obvts = onbalvol(tsobj, ParameterName, ParameterValue, ...)
Arguments
|
Closing price (vector) |
tvolume |
Volume traded |
tsobj |
Financial time series object |
Description
obv = onbalvol(closep, tvolume)
calculates the On-Balance Volume (OBV) from the stock closing price (closep
) and volume traded (tvolume
) data.
obv = onbalvol([closep tvolume])
accepts a two-column matrix representing the closing price (closep
) and volume traded (tvolume
), in that order.
obvts = onbalvol(tsobj)
calculates the OBV from the stock data in the financial time series object tsobj
. The object must minimally contain series names Close
and Volume
. The obvts
output is a financial time series object with the same dates as tsobj
and a series named OnBalVol
.
obvts = onbalvol(tsobj, ParameterName, ParameterValue, ...)
accepts parameter name/ parameter value pairs as input. These pairs specify the name(s) for the required data series if it is different from the expected default name(s). Valid parameter names are
Parameter values are the strings that represent the valid parameter names.
Examples
Compute the OBV for Disney stock and plot the results:
load disney.mat dis_OnBalVol = onbalvol(dis) plot(dis_OnBalVol) title('On-Balance Volume for Disney')
See Also
Reference
Achelis, Steven B., Technical Analysis from A To Z, Second printing, McGraw-Hill, 1995, pp. 207 - 209.
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