Price-Volume Relationship (PVR): A Technical Indicator for Momentum Trading Spreadsheet
The Price-Volume Relationship (PVR) is a technical analysis tool that measures the ratio of price on up days to price on down days and volume on up days to volume on down days.
It is a momentum indicator, which means that it measures the speed of price movements rather than the direction of price movements.
The PVR can be used to confirm trends and spot possible trading signals due to divergences. It is similar to other technical analysis tools such as the Price Volume Trend (PVT) and On Balance Volume (OBV) indicators.
The PVR is calculated by dividing the price on up days by the price on down days and dividing the volume on up days by the volume on down days.
A higher PVR value indicates a stronger uptrend, while a lower PVR value indicates a stronger downtrend.
The PVR can be used in conjunction with other technical analysis tools to identify potential trend reversals and confirm signals or setups generated by additional signals which rely on being able to identify trend in order to be effective.
This spreadsheet provides a convenient way to calculate the PVR for any stock or security you are interested in analyzing.
Please note that only the cells highlighted in yellow can be edited. Editing other cells may cause the spreadsheet to malfunction.
You will receive 3 sheets with this Price-Volume Relationship (PVR). Please find the images of the sheets below:
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How to use this tool?
Disclaimer:
- This spreadsheet is provided “as is” and for “Entertainment Purposes Only”.
- I do not guarantee the results, and I assume no liability whatsoever.
- Before making any buy, hold, or sell decisions, it is highly recommended that all investors conduct independent research on the individual stocks in question.
- Investors are also cautioned that prior stock performance does not guarantee future price growth.
- Data Accuracy Warning: Google Finance updates This sheet automatically, and the data may be delayed or incorrect.
- The Price-Volume Relationship (PVR) is not intended to provide investment advice or recommendations. The information provided by the Price-Volume Relationship (PVR) is for informational purposes only and should not be relied upon for making investment decisions. You should always conduct your research and consult with a financial advisor before making any investment decisions.