The Chaikin Money Flow (or CMF) is a volume momentum indicator developed by Marc Chaikin.
This indicator is based on the cumulative sum over a given period of daily volumes weighted by the difference between
the closing price and the typical price (midpoint of the daily range).
The period is typically 21 days.
Calculation Method
Example
Interpretation
When this indicator is above zero, it signals a strong uptrend.
This indicator is often used to confirm another indicator.
