medium · Volume Spread Analysis wyckoff-phases-schematics

The parent index has been correcting for two weeks, dropping 6%. During this same period, a stock you are watching has traded sideways, staying within a 1% range on very low volume.

What VSA principle is being demonstrated?

  1. Relative Strength, indicating professional accumulation is supporting the stock against the market trend.
  2. No Demand, indicating the stock is so weak it cannot even rally when the market is neutral.
  3. Falling Pressure, suggesting the stock will collapse once the index stops falling.
  4. Market Rotation, as professionals are liquidating this stock to buy the index laggards.

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