$APR 1-hour trading volume was approximately $12.52 million, 4.9 times the previous average; the price rose 3.9% over the same period.
How did this figure come about?
A spike in trading volume often occurs when news breaks, a key level is breached, large orders are filled, or mass liquidations take place.
Whether volume spikes during a breakout is often considered one factor in judging whether the breakout is valid: a move above the level on low volume is more likely to fail.
Extreme readings usually mean greater volatility. At times like these, it is better to reduce your position rather than add to it.
How did this figure come about?
A spike in trading volume often occurs when news breaks, a key level is breached, large orders are filled, or mass liquidations take place.
Whether volume spikes during a breakout is often considered one factor in judging whether the breakout is valid: a move above the level on low volume is more likely to fail.
Extreme readings usually mean greater volatility. At times like these, it is better to reduce your position rather than add to it.