medium · Volume Spread Analysis background-trend-context

A stock trades sideways between 24 and 28 for weeks. The parent index falls 3%, but the stock only drops from 26 to 25.50. This is an example of:

  1. Negative Response, suggesting the stock will collapse soon.
  2. Relative Strength, indicating professional accumulation is in progress.
  3. Supply Swamping Demand, as the price is being artificially held up.
  4. Relative Weakness, showing the stock is lagging the broader market.

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