Posted by timebandit on 30th of May 2024 at 11:30 am
Sorry, was dealing with an insurance adjuster, so could only
give cryptic answer. Here is a definition of volume breadth: Volume
breadth is often measured using the Up/Down Volume ratio, which
compares the volume of stocks that are rising to the volume of
stocks that are falling. A high Up/Down Volume ratio indicates a
bullish sentiment, while a low Up/Down Volume ratio indicates a
bearish sentiment.
The bottom panel in those charts shows the ratio of up volume to
down volume. This can provide a view into the underlying strength
of a move, but it is secondary to price.
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Sorry, was dealing with an
Volume breadth positive so far
Posted by timebandit on 30th of May 2024 at 11:30 am
Sorry, was dealing with an insurance adjuster, so could only give cryptic answer. Here is a definition of volume breadth: Volume breadth is often measured using the Up/Down Volume ratio, which compares the volume of stocks that are rising to the volume of stocks that are falling. A high Up/Down Volume ratio indicates a bullish sentiment, while a low Up/Down Volume ratio indicates a bearish sentiment.
The bottom panel in those charts shows the ratio of up volume to down volume. This can provide a view into the underlying strength of a move, but it is secondary to price.