Strength Indicators

Strength indicators (also known as volume-based indicators) analyze the relationship between price movements and trading volume. They help identify the strength of trends, confirm price movements, and detect potential reversals based on volume patterns.

Key Characteristics

Volume Integration: Combine price action with volume data
Trend Confirmation: Validate price trends with volume analysis
Accumulation/Distribution: Identify institutional buying or selling pressure
Leading Signals: Can provide early warnings of trend changes

Common Use Cases

Trend Validation: Confirm price trends with volume support
Divergence Detection: Spot weakness when price and volume diverge
Institutional Activity: Identify accumulation or distribution phases
Breakout Confirmation: Validate breakouts with volume analysis

Accumulation Distribution

strength strength-indicator

Measures buying and selling pressure by combining price and volume flow.

Negative Volume Index

strength chart-overlay

Tracks price changes on low-volume days to identify smart money movements.

Positive Volume Index

strength chart-overlay

Measures price movements on high-volume days to identify retail trading activity.

Relative Vigor Index

strength oscillator

Compares closing price to opening price range to measure trend strength.