[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-564848-105":53,"doc-detail-564848-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","technical-analysis-indicators-overview-and-application","Technical Analysis Indicators - Overview and Application","","This technical document provides a comprehensive overview of financial technical analysis indicators, detailing their roles in forecasting market trends through mathematical calculations based on price and volume data. It categorizes indicators into volume, trend, and oscillator groups, while specifically exploring the Accumulation/Distribution (A/D) and On Balance Volume (OBV) indicators. The content explains how volume serves as a weighting coefficient for price changes and how divergences between volume-based indicators and price charts signal potential bullish or bearish market shifts. With clear definitions, calculation methodologies, and visual examples, the material equips financial professionals with the tools to identify market sentiment and smart money flow, ultimately supporting more informed trading decisions based on objective data trends rather than speculation.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/technical-analysis-indicators-overview-and-application/564848/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/technical-analysis-indicators-overview-and-application/564848.png","ImageObject",442,249,{"name":88,"@type":89},"nayy☆","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-21","2026-10-12",true,{"@type":98,"interactionType":99,"userInteractionCount":47},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the primary purpose of technical indicators?","Question",{"text":108,"@type":109},"Technical indicators use mathematical formulae based on price and volume to identify bullish and bearish market trends and forecast probable price changes.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"How does the Accumulation/Distribution indicator function?",{"text":113,"@type":109},"It determines market sentiment by using volume as a weighting coefficient for price changes, where rising A/D indicates accumulation or upward price pressure, and falling A/D indicates distribution or downward pressure.",{"name":115,"@type":106,"acceptedAnswer":116},"What is the significance of the On Balance Volume (OBV) indicator?",{"text":117,"@type":109},"Introduced by Joe Granville, OBV measures positive and negative volume flow, operating on the principle that volume precedes price, and it is primarily used to identify divergences or confirmations between volume flow and the security's price.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},564848,1792273021,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":47,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":135,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":140,"read_time":40},962090893153,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","TECHNICAL ANALYSIS INDICATORS  \nObjective  \nTechnical indicators use mathematical formulae to compute certain values which can be used to identify bullish and bearish trends in the market. These have been discussed in this chapter.  \nAgenda  \nIndicators  \n• Volume  \n􀂾 Accumulation/Distribution  \n􀂾 On Balance Volume  \n􀂾 Price and Volume Trend  \n• Trend  \n􀂾 Bollinger bands  \n􀂾 Moving Averages  \n􀂾 Parabolic SAR  \n􀂾 Standard Deviation  \nOscillator  \n􀂾 Average Directional Index  \n􀂾 Average True Range  \n􀂾 DeMarker  \n􀂾 Envelopes  \n􀂾 MACD  \n􀂾 RSI  \n􀂾 Stochastic  \n• Market Profile  \nTechnical Indicators  \n• Based on mathematical calculations on price and/or volume  \n• Values obtained are thus used to forecast probable price changes  \n• There are many technical indicators already developed  \n• Types  \n􀂾 Volume  \n􀂾 Oscillator  \n􀂾 Trend/ Momentum  \nAccumulation Distribution  \n• Determined by the changes in price and volume  \n• Volume acts as a weighting coefficient at the change of price  \n• Increase => Accumulation (buying) of security, => Upward trend of prices  \n• Decreases =>Distribution (selling) of security, => Downward price movement  \n•  A/D(i) =((CLOSE(i) -LOW(i)) - (HIGH(i) -CLOSE(i)) * VOLUME(i)(HIGH(i) -LOW(i)) + A/D(i-1)  \nExample  \nBullish  \nBearish  \nOn Balance Volume  \n• Joe Granville introduced On Balance Volume (OBV) indicator  \n• Measure positive and negative volume flow  \n• Concept: Volume precedes price  \n• Rising volume can indicate the presence of smart money flowing into a security  \n• Numerical value of OBV is not important, but direction of the line  \n• Calculation  \n􀂾 OBV = Yesterday's OBV + Today's Volume  \n􀂾 OBV = Yesterday's OBV-Today's Volume  \n• Line can then be compared with the price chart of the underlying security to look for divergences or confirmation  \nOBV: Example","cbCain0tLwHBxcVP","https://ap.wps.com/l/cbCain0tLwHBxcVP","pdf",2226988,52,"English","# Technical Indicators Overview\n## Categories of Indicators\n# Accumulation and Distribution\n## Definition and Calculation\n# On Balance Volume\n## Conceptual Framework and Methodology","[{\"question\":\"What is the primary purpose of technical indicators?\",\"answer\":\"Technical indicators use mathematical formulae based on price and volume to identify bullish and bearish market trends and forecast probable price changes.\"},{\"question\":\"How does the Accumulation/Distribution indicator function?\",\"answer\":\"It determines market sentiment by using volume as a weighting coefficient for price changes, where rising A/D indicates accumulation or upward price pressure, and falling A/D indicates distribution or downward pressure.\"},{\"question\":\"What is the significance of the On Balance Volume (OBV) indicator?\",\"answer\":\"Introduced by Joe Granville, OBV measures positive and negative volume flow, operating on the principle that volume precedes price, and it is primarily used to identify divergences or confirmations between volume flow and the security's price.\"}]","Technical Analysis Indicators - Overview and Application | PDF",1791844572]