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Re: want2retire post# 269359

Monday, 11/27/2023 1:21:49 PM

Monday, November 27, 2023 1:21:49 PM

Post# of 278684
<< If I told you there were 2 millions shares traded in the first few hours, would you assume the share price was higher or lower than at the open? >>

That is easy....

Lower....

In general, the stock trades down on high volume, and up on low volume.

And we can see that if we look at the data from recent history (since 1 Jul)....

Since there aren't many days with volume over 2 million shares, I will include days that trade over 1 million shares.

Volume.......% Change
3,310,969.......-6.17%
1,052,515.......+4.5%
1,075,824.......-8.2%
1,060,570.......-2.4%
1,130,395.......-1.95%
1,017,305.......-5.19%
2,085,365.......-5.0%
2,259,752.......-9.64%
2,075,814.......-7.89%
Bearish
Bearish
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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