Abnormal volume surge over $VVV 1 hours: trading volume was 5.6 times the average ($9.33 million), while the price rose 6.48% over the same period.
Rising volume alongside rising prices is a fairly standard bullish signal. The key is whether the volume surge can continue; if volume starts to dry up, the risk of a pullback after the rally will increase.
Rising volume alongside rising prices is a fairly standard bullish signal. The key is whether the volume surge can continue; if volume starts to dry up, the risk of a pullback after the rally will increase.