Force index

Price change times volume, smoothed — the force behind a move.

Formula

Force = EMA(13) of (Close − prior Close) × Volume

How to read it

Above zero buyers have the force; a new extreme confirms the trend.

How to use it

Confirms trend strength, and warns when force fades on a new price extreme.

In Kereon

Charts · Superchart. Default 13; zero line drawn.

Also called: elder force, force, efi.

Related terms

The whole glossary · Investing tools