CRM OBV: How Volume Tracks Price Direction
Summary
Hollow Point Trading shares a historical Salesforce IEX replay explaining how On-Balance Volume treats small and large price rises using the same volume rule. Using completed five-minute bars from October 8, 2026, it highlights a move from $222.59 to $223.86 and clarifies how OBV reflects price direction without scaling volume by the size of the price change.
https://youtu.be/Vff-1u8Jh_4
CRM OBV: a small rise and a large rise use the same volume rule #CR...

On balance volume does not multiply volume by the size of a price change. This historical Salesforce IEX replay uses completed five minute bars from October eighth, twenty twenty six. The prior close is two twenty two point five nine. The next close is two twenty three point eight six. The close rose by one dollar twenty seven cents. Recorded vo...