The Chaikin Money FlowThe Chaikin Money Flow for a stock, is just a moving average of Accumulation Distribution for the stock. You may use edit button, to select the period over which the moving average is calculated, and choose the moving average type simple or exponential.
The Chaikin money flow is often used to confirm breakouts, if a breakout above a resistance level occur, The chaikin money flow should have a positive value before you follow it. Similar the money flow should be negative is you are going to follow a breakdown below a support level.
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