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IBD Average Daily Dollar Volume

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This is average dollar volume must be use for liquidity.
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IBD Dollar Volume + Average displays daily dollar volume and an IBD-style Average Daily Dollar Volume to help traders evaluate stock liquidity and trading activity. Daily dollar volume is calculated as Price × Volume, while the average line uses Current Price × Average Volume. The default average period is 50 bars and can be customized. Optional $30M, $50M, $100M, $500M and $1B reference levels provide quick liquidity benchmarks. Designed for stock screening, liquidity analysis and IBD/CAN SLIM-style research.

Suggested disclaimer:

For educational and informational purposes only. Not financial advice. The IBD-style calculation is an approximation and is not affiliated with or endorsed by Investor's Business Daily.

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