$SPCXB 1-hour trading volume was approximately $16.3 million, 6.5 times the previous average; during the same period, the price rose 2.67%.
How did this figure come about?
A surge in trading volume usually occurs when news breaks, a key price level is breached, large orders enter or exit, or mass liquidations take place.
After a single volume spike, if volume quickly contracts again, the move is often just a brief pulse. If elevated volume can be sustained, that’s more noteworthy.
Don’t place an order at the moment of greatest volatility. Wait for the candlestick to close steadily before deciding.
How did this figure come about?
A surge in trading volume usually occurs when news breaks, a key price level is breached, large orders enter or exit, or mass liquidations take place.
After a single volume spike, if volume quickly contracts again, the move is often just a brief pulse. If elevated volume can be sustained, that’s more noteworthy.
Don’t place an order at the moment of greatest volatility. Wait for the candlestick to close steadily before deciding.