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Nuance Communications (NUAN) Message Board

  • opalockamishabob opalockamishabob Aug 27, 2012 6:09 PM Flag

    Up vs Down Volume Change...

    It's gone from 1.2 to a flat 1.0. Now remember, this is a "moving average" so it is not expressing today's move UP. However, it does indicate that there may be a change in NUAN's direction soon.

    For those who may be interested, here is how the up vs down volume is calculated and its implications...

    It is a 50-day ratio that is derived by dividing total volume on up days by the total volume on down days. A ratio greater than 1.0 implies positive demand for a stock.

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