easy · Volume Spread Analysis effort-vs-result-spread
According to the practitioner's guide, what is the standard method for calculating relative volume for daily analysis?
- Dividing the current bar's volume by the average volume of the prior 20 bars.
- Comparing the current volume only to the volume recorded on the same day of the previous week.
- Dividing the current volume by the total number of shares outstanding for the company.
- Subtracting the previous day's volume from the current day's volume.
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