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Re: wodehouse post# 61908

Tuesday, 10/25/2022 2:51:58 PM

Tuesday, October 25, 2022 2:51:58 PM

Post# of 69611
What's wrong with volume proceeds price?

Many technicians believe that volume precedes price. According to this theory, increasing volume and open interest indicate continued movement up or down. If volume and open interest fall, the theory holds that the momentum behind the movement is slowing, and the direction of prices will soon reverse.

“Stocks do not rise in price unless demand exceeds supply. Demand is measured in volume and thus volume must precede price.”

DD for DD
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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