$ARIA 5-minute trading volume rose to 9.2 times the average, while the price fell 4.2%.
After a surge in volume, there are generally three things to look at:
1) Price direction: volume up, price down
2) Whether the increase in volume continues; a single volume spike may just be a blip
3) The price range during the volume surge, which usually becomes a key short-term level
How do you interpret this data?
After a surge in volume, there are generally three things to look at:
1) Price direction: volume up, price down
2) Whether the increase in volume continues; a single volume spike may just be a blip
3) The price range during the volume surge, which usually becomes a key short-term level
How do you interpret this data?
