Chaikin Accumulation / Distribution
The Chaikin Accumulation / Distribution (AD) line is a measure of the money flowing into or out of a security. It is similar to On Balance Volume (OBV). Developed by Marc Chaikin.
Object that is coercible to xts or matrix and contains High-Low-Close prices.
Vector or matrix of volume observations
corresponding to the
The AD line is similar to OBV; the difference is that OBV sums volume multiplied by +/- 1 if the close is higher/lower than the previous close, while the AD line multiplies volume by the close location value (CLV).
A object of the same class as
volume or a vector (if
containing the accumulation / distribution values.
The Accumulation/Distribution Line is interpreted by looking for a divergence in the direction of the indicator relative to price.
The following site(s) were used to code/document this
Want to suggest features or report bugs for rdrr.io? Use the GitHub issue tracker.