hard · Volume Spread Analysis
A stock is in a Mark-Up phase. You see a low-volume down-bar closing on its high (CP = 90%) that dips below the previous bar's low.
What is the classification and trade implication?
- Selling Pressure ; professionals are aggressively driving the price lower.
- End of a Rising Market ; it is a signal to exit all long positions.
- No Demand ; the rally has run out of steam and a reversal is coming.
- Test in a Rising Market ; it is a high-probability re-entry or add-to-position point.
Sign up free to see the explanation and track your rank →
More Volume Spread Analysis practice
- An equity averages a daily volume of 1,000,000 shares. Today… — How should this volume lev
- While observing a downtrend, you see a bar that dips into fr… — What does this indicate to
- A stock gaps up $3.00 on a positive earnings report after a… — How should this scenario be
- The S&P $500 index drops 5% over a week. During this same pe… — What is this 'relative str
- During a distribution phase, how do professionals use 'Good News' to facilitate their stra
- A 'Failed Test' is identified when a price probe into a prio… — What does this signal to t
- A 'No Demand' bar is identified by a narrow spread up-bar wi… — Why does this signal often
- In the Accumulation phase, why does volume typically remain low on rallies within the trad