medium · Volume Profile Analysis reference-levels-migration

In a multi-week composite volume profile on a stock trading around 95.00, a trader identifies the Value Area from 90.00 to 98.00 with the POC at 93.50. The stock has been within this range for three weeks.

If price breaks out above 98.00 and the NEXT session opens at 99.50 (outside the composite VA) and holds above 98.00 for the first two periods, what is the volume-profile read?

  1. The breakout is most likely a fakeout, because the magnetic composite POC sitting down at 93.50 will inevitably pull price right back into the prior three-week range
  2. The two-period acceptance above the composite VAH confirms upside breakout and suggests the 80% rule may apply in reverse if price re-enters the value area from above
  3. Composite profiles are simply not valid tools for breakout analysis, since only single-session daily profiles carry any reliable structural weight for that particular purpose
  4. Price is obligated to return all the way down to the composite POC at 93.50 before the upside breakout above the composite VAH can be considered structurally confirmed

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