Money Flow Index (MFI)
What is Money Flow Index (MFI)?
A technical oscillator called the Money Flow Index (MFI) analyzes price and volume information to spot overbought or oversold indications in an asset. It may also be used to identify divergences that signal a shift in price trend. Oscillator movement ranges from 0 to 100.
The Money Flow Index, in contrast to traditional oscillators like the Relative Strength Index (RSI), integrates both price and volume data rather than simply price. Because of this, some analysts refer to MFI as the volume-weighted RSI.
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