McClellan Volume Oscillator

麦克莱伦成交量振荡器

Sentiment & DerivativesP2Market BreadthApplies to: US stocks

Formula

Similarly based on ratio-adjusted net volume = EMA19 − EMA39 of (up volume − down volume)/(up volume + down volume) (not raw net volume)

How to read it

Volume-weighted breadth momentum; positive/negative = buy/sell pressure dominant.

Outputvalue/series
Data source: Used by CNN. Public knowledge, not investment advice.

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Related indicators

Reference metadata — public, well-known indicator definitions. Not investment advice.