Close Location Value - CLV
- A measure used in technical analysis to determine where the price of the asset closes relative to the day's high and low. The CLV ranges between +1 and -1, where a value of +1 means the close is equal to the high and a value of -1 means the close is equal to the day's low.
The close location value is most commonly known for its role in the calculation of the accumulation/distribution line, an indicator used to determine the rate at which money flows into or out of a given security. Implementing the close location value into other technical indicators like the one mentioned above is becoming more popular because it is often regarded as a better measure for the period's activity than relying solely on the closing price.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
Close to Home (1989 TV series) — Close to Home Genre Sitcom Created by Brian Cooke Directed by Nic Phillips (1989) Ian Hamilton (1989–90) Alistair Clarke (credited as Alistair Clark 1990) Starring … Wikipedia
Location of Osama bin Laden — Osama bin Laden, the former leader of al Qaeda, went into hiding following the start of the War in Afghanistan in order to avoid capture by the United States and its allies for his role in the September 11, 2001 attacks, and having been on the… … Wikipedia
Value City — Infobox Company name = Value City (Schottenstein s in the Columbus, OH market, Valley Fair in North Jersey) type = Subsidiary genre = foundation = 1917 founder = Ephraim Schottenstein location city = Columbus, Ohio location country = United… … Wikipedia
Close Combat: A Bridge Too Far — See also: Close Combat series Close Combat: A Bridge Too Far Developer(s) Atomic Games Publisher(s) … Wikipedia
Close-packing of spheres — hcp and fcc close packing of spheres In geometry, close packing of spheres is a dense arrangement of equal spheres in an infinite, regular arrangement (or lattice). Carl Friedrich Gauss proved that the highest average density – that is, the… … Wikipedia
P-value — In statistical significance testing, the p value is the probability of obtaining a test statistic at least as extreme as the one that was actually observed, assuming that the null hypothesis is true. One often rejects the null hypothesis when the … Wikipedia
Phi value analysis — is an experimental protein engineering method used to study the structure of the folding transition state in small protein domains that fold in a two state manner. Since the folding transition state is by definition a transient and partially… … Wikipedia
Cutter location — A cutter location (CLData) refers to the position which a CNC milling machine has been instructed to hold a milling cutter by the G code instructions. Each line of motion controlling G code consists of two parts: the type of motion from the last… … Wikipedia
Best Value Inn & Suites Pensacola (Pensacola) — Best Value Inn & Suites Pensacola country: United States, city: Pensacola (City) Best Value Inn & Suites Pensacola Location Centrally located, the Best Value Inn and Suites Pensacola is within walking distance from shopping centre and restaurants … International hotels
Depth of field — The area within the depth of field appears sharp, while the areas in front of and beyond the depth of field appear blurry … Wikipedia
Maryland — This article is about the U.S. state of Maryland. For other uses, see Maryland (disambiguation). State of Maryland … Wikipedia