On Balance Volume adds volume on up days and subtracts it on down days. When OBV breaks out to a new 63-day high while the price is still at least 3% below its own 63-day high, volume is leading price: buyers are absorbing supply before the breakout shows on the chart. This screen lists stocks on Asian exchanges with that bullish volume lead. Many traders watch these names for a price breakout to confirm. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
