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

Which relative volume classification would a practitioner assign to a bar with 6.1 million shares if the 20-day average is 2.4 million?

  1. Above average volume (RV between 1.20 and 1.80).
  2. Low volume (RV < 0.80).
  3. Ultra-high volume (RV > 2.50).
  4. Average volume (RV near 1.00).

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