Glossary · Pro tools

Chaikin Money Flow

Whether a stock closes near its daily highs (buying) or lows (selling), weighted by volume, over 20 days.

Why it matters

Persistent closes near the high on heavy volume suggest accumulation; near the low, distribution.

How to read it

Above zero is buying pressure, below zero is selling pressure. Readings beyond ±0.25 are strong.

Also called: CMF

Related

On-balance volumeA running total that adds the day’s volume when the price rises and subtracts it when it falls.Money Flow IndexRSI that also counts volume, from 0 to 100.

In the Cluenex app, this explanation opens next to every chaikin money flow figure, with the live reading for the stock you are looking at. Open it in Cluenex