easy · Volume Spread Analysis effort-vs-result-spread

An equity averages a daily volume of 1,000,000 shares. Today, the stock closes on a wide-spread up-bar with a volume of 2,800,000 shares.

How should this volume level be classified according to relative volume standards?

  1. Above average (high) volume
  2. Very high volume
  3. Average volume
  4. Ultra-high volume

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