Timeframe M1 · unit norm
EOM measures how much price is moving relative to the volume required to move it. A high positive value means price is rising easily on light volume; a high negative value means price is falling easily on light volume. Heavy volume with small price moves yields values near zero.
Large positive values indicate that upward price movement is meeting little resistance from supply - the market is 'floating' higher. Large negative values suggest effortless selling. Values near zero mean movement requires significant volume effort.
Imagine pushing a heavy box versus a light one. EOM measures whether the market is like a light box (moves easily per unit of effort/volume) or a heavy one (needs lots of volume to move). Positive = moves up easily, negative = moves down easily.
Janira computes Ease of Movement (14-bar EMA, normalized) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.