Volume Price Trend Indicator - VPT
A technical indicator consisting of a cumulative volume line that adds or subtracts a multiple of the percentage change in share price trend and current volume, depending upon their upward or downward movements.
Investopedia Commentary
This indicator is used to determine the balance between a stock's demand and supply. The percentage change in the share price trend denotes the relative supply or demand of a particular security, while volume indicates the actual size of the forces.
Related Links
Introduction To Technical Analysis
Depend on the Volume Oscillator
See also: Bollinger Bands, Chartist, Cup and Handle, Demand, Indicator, Moving Average, Supply, Technical Analysis, Volume
Also spelled: VPT