pvtrend (Financial Time Series)

Price and Volume Trend (PVT)

Syntax

pvt = pvtrend(closep, tvolume)
pvt = pvtrend([closep tvolume])
pvtts = pvtrend(tsobj)
pvtts = pvtrend(tsobj, ParameterName, ParameterValue, ...)

Arguments

closep
Closing price

tvolume
Volume traded

tsobj
Financial time series object

`closep`	Closing price
`tvolume`	Volume traded
`tsobj`	Financial time series object

Description

pvt = pvtrend(closep, tvolume) calculates the Price and Volume Trend (PVT) from the stock closing price (closep) data and the volume traded (tvolume) data.

pvt = pvtrend([closep tvolume]) accepts a two-column matrix in which first column contains the closing prices (closep) and the second contains the volume traded (tvolume).

pvtts = pvtrend(tsobj) calculates the Price and Volume Trend (PVT) from the stock data contained in the financial time series object tsobj. tsobj must contain the closing price series Close and the volume traded series Volume. pvtts is a financial time series object with dates similar to tsobj and a data series named PVT.

pvtts = pvtrend(tsobj, ParameterName, ParameterValue, ...) accepts parameter name/ parameter value pairs as input. These pairs specify the name(s) for the required data series if it is different from the expected default name(s). Valid parameter names are:

'CloseName': closing prices series name
'VolumeName': volume traded series name

Parameter values are the strings that represent the valid parameter names.

Example

Compute the price and volume trend for Disney stock and plot the results.

load disney.mat
dis_PVTrend = pvtrend(dis)
plot(dis_PVTrend)
title('Price and Volume Trend for Disney')

Reference

Achelis, Steven B., Technical Analysis From A To Z, Second Printing, McGraw-Hill, 1995, pg. 239 - 240

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