What if a stocks price rose, but the volume was lower then the average volume?
would this mean that there are more people buying that stock or what? P.S. any good sites that have tips or advice on buying stocks.
Public Comments
- It is not good if a stock prices on lower than average volume. Probably the price rise may not last. Checkout site in my signature.
- No it means less are selling...could be good but also could mean nothing... If you wanna learn about stocks or options just make an account on investorshub.com
- I used to work for the sell side of the market. Typically, when a client wants to buy or sell a certain stock, we are given a target price--what price they are willing to buy or sell and how many. Look at it this way. Let's say we are to sell x million shares at $10. The price of the stock at the moment is $18. We will sell as much as we can as long as the price is above $10. If price is closing in at $10, we hold off selling, and let the price go up. Other market participants will think that support at $10 level is valid and start buying. While they are buying, we start selling again, but in small sizes so as not to scare these bulls. If these bulls keep buying up the price of the stock, we are selling--at market or limit sell. This is why sometimes, you will see a stock's price moving sideways? This is what's happening. Hope this helps. - Jim http://jsforex.blogspot.com
- Maybe everyone went to lunch?
Powered by Yahoo! Answers