medium · Volume Spread Analysis climaxes-tests-springs-upthrusts

A stock experiences a 3-day pullback after a rally. Day 1: H=45, L=42, C=42.5, V=1.2M. Day 2: H=43, L=41, C=41.2, V=0.8M. Day 3: H=42, L=40.5, C=41.8, V=0.6M.

If you combine these into a 3-day composite bar, which descriptive signal is most accurately represented?

  1. Stopping Volume
  2. Supply Overcoming Demand
  3. Successful Test
  4. Upthrust

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