On-Balance Volume Is a Secondary Indicator Used to Confirm Price

question 67

True/False

On-balance volume is a secondary indicator used to confirm price trends.

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Definitions:

Churn Levels

The rate at which customers stop doing business with an entity, often used in the context of subscription-based services.

Stopped Using

Refers to the cessation of utilizing a product, service, or process, often due to dissatisfaction, finding a better alternative, or other reasons.

Company's Services

Company's services denote the various professional, technical, or specialized tasks that a company offers to its clients or customers as part of its business operations.

Secondary Data

Information that has been previously collected by others for different purposes but is being utilized by researchers for a new study.