Technical
What is CMF (Chaikin Money Flow)?
The A/D Line's logic compressed into a bounded oscillator: volume-weighted close-position averaged over 20 days, oscillating around zero.
Formula
CMF = Ξ£(Money Flow Volume, 20 days) Γ· Ξ£(Volume, 20 days)
How to Interpret
Sustained readings above +0.10 signal steady accumulation; below β0.10, distribution. Zero-line crosses mark flow regime changes. Divergence against price works the same as with OBV.
Typical Ranges
Β±0.10 as the accumulation/distribution thresholds are conventions. Inherits A/D's gap-blindness; thin-volume assets produce erratic readings.
Find Stocks Using This Signal
Screen US and Indian stocks by CMF in the Technical Screener.