stockfetcher 980 posts msg #26920 |
6/17/2003 4:17:24 PM
Ease of Movement (EMV) |
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Parameters |
Period
MAPeriod
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Usage |
Ease of Movement(Period, MAPeriod)
EMV(Period, MAPeriod)
Average Ease of Movement(Period, MAPeriod)
Avg EMV(Period, MAPeriod)
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Description |
Developed by R.W. Arms, Jr., the ease of movement indicator combines both price and volume to gauge the ability of a stock's price to move. This is achieved by combining price changes along with the volume involved in the price changes.
The EMV is an oscillator centered at zero. When near zero, the EMV indicates that either the price is not moving or heavy volume is necessary to make significant price changes. Values above 0 tend to indicate the price is increasing on lighter than average volume, low EMV values indicate dropping prices on slow volume.
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Examples |
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