Copper Fox Metals Inc.

With Jr's AD doesn't really tell you anything new. We are more affected by whims than tides.

Even with the daily down you can still see a slight uptrend over a month. The period you select has more to do with accuracy. An intraday obv shows the trend from the last closing price. Subtract out the days close if it's manipulated. That give a true indication.

This is the exact definition. Notice is says obv can diverge from price. It's not just price up and down.

On Balance Volume (OBV) measures buying and selling pressure as a cumulative indicator that adds volume on up days and subtracts volume on down days. OBV was developed by Joe Granville and introduced in his 1963 book, Granville's New Key to Stock Market Profits. It was one of the first indicators to measure positive and negative volume flow. Chartists can look for divergences between OBV and price to predict price movements or use OBV to confirm price trends.