OBV Clarification. OBV and A/D (Accumulation/Distribution) indicators are calculated somewhat differently, both trying to measure buying/selling strength. In major stock price swings, they should both mirror the stock.
I looked for a Venture Exchange company which had recently declared bankruptcy (Poynt: PYN) and check its chart indicators.The OBV did not follow the stockdown, but the A/D did. So it's a split decision, but have to favour the downside as that's the trend. The irony here is, PYN owes INT (Intertainment Media) $1.7 million, which itself is struggling and already has 350 million shares outstanding and due for a rollback. Poor revenues also.
Anyway, for Futura both indicators remained higher while the stock price fell. No explanation, unless insiders control a lot of stock and did not sell while the stock fell. Doesn't imply however that the stock is a buy. The boost to both indicators was in early 2011 when the stock went to 6 cents. Most likely the general public buying into the new car dealership/Aeroplan story.