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

A stock breaks below a long-term trend support line on a wide-spread bar with volume 2.8× average. However, the bar closes in the upper 20% of its range.

What does this 'Effort versus Result' analysis suggest?

  1. The high volume contained massive professional buying (Absorption), and the breakdown is likely a 'Shake-Out'.
  2. The trend line is broken, and the high volume confirms a new mark-down phase has begun.
  3. The 'No Selling Pressure' signal is confirmed because the price failed to stay below the line.
  4. The market is in a 'Mushroom Top' phase where volume spikes indicate the final distribution.

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