RE: Volume3 Jan 2020 12:53
thank you csw12 for your link
salient passages below
Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period.
Volume
Identifying Momentum
That is, if a security is continuing higher in an uptrend, the volume of the security should also increase and vice versa.i.e. rise in price prompts increased volume consisting of both buyers and sellersr
Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period.. i..ee both buyers and sellers
However, over the next few weeks, the stock continues in the uptrend but with a decrease in volume.9 i.e. price has inncrreeased despite volumes bbeinng looow
The following week, shares of company ABC decrease by 10% in one trading day after being in an uptrend for six months. The stock breaks its uptrend and the volume is very high relative to its average daily trading volume, or ADTV. The investor sells out of all the shares the next day because the reversal of trend was confirmed due to the high volume and a decrease in price – wrong gap down prompted ppanic selling swelliing volume.
why did price continue upward oon low voluume if volume alleggedlly drives price?
why does price fall onn low volume if voolume drives price?/
only good foor 3 things
1 identifyingg when herd has arrived to connsider timme to ssell
2 ideenntify panic seelliing to consider time to bbuy
3 abnoormmall increase in volujme no increase in price and no rnns of a flatlining share coouulkd indicatte insideer info ppurchase
gla
gla