MV - MarketVolume®
One of the questions that an online trader may ask before subscribing to our service is, "Why are we unique? and “What makes us different from other online chart providers?" or "How can our service help to improve trading performance?". Below are a few points that address these questions.
How do we differ from others
- We are the only online source of volume and volume-based technical indicators on intraday charts for indexes and exchanges.
- We are the only providers of advance/decline data and breadth indicators for major U.S. indexes and exchanges.
- We have developed several unique technical indicators (SBV Oscillator, SBV Histogram, MVO, etc) that help to define and analyze positive and negative money flow, bullish and bearish volume accumulation, and bullish and bearish volume surges (abnormal volume activity).
How can our service help you in your trading
- Including volume analysis in a process of making a trading decision can increase your trading performance. A security trend is always described by a change in price and volume traded during this price change. Furthermore, relying for your trading decision on an analysis of price may lead to a bad decision. Only an analysis of price in concert with volume-based technical analysis can provide a complete picture of a market's sentiment and reveal most possible future trend development.
- Analysis of advance/decline data (volume and issues) may substantially help to identify overbought and oversold moments. As with volume indicators, advance/decline technical indicators (breadth indicators) are considered to be leading indicators that predict trend reversal. Adding the breadth indicators to your analysis helps to spot trend reversal points more precisely.
- Index analysis may help you follow the market. "If I do not trade indexes, I do not have to analyze them" is a common misleading argument. Indexes are barometers of stock market sentiment. No matter what stock you trade, it always moves in harmony with the stock market. No matter how good your stock is, if the market crashes, your stock will be dragged down as well, and even bad stocks may perform well in a bullish market. Only index technical analysis (DJI, S&P 500, NYSE Composite, and NASDAQ 100, etc) can help you to see the market sentiment and adapt your trading (even if you don't trade indexes) to the market trend.