Technical Analysis Question
Is it considered somewhat bullish when a stock falls on low volume?
It's considered somewhat bearish when a stock rises on low volume.
Asked by tldwg04011 in
Technical Analysis
one year ago
Answers
4085 points
EthanR answered one year ago …
Yes, it is bullish when a stock falls on low volume, providing that the volume is higher when the stock rises. You can compare the volume on up and down days over the last month or two to get a feel for whether the institutional money is flowing in or out.
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3963 points
MNSL answered one year ago …
EthanR is correct.
I am following a particular stock as I have some holdings. It is happenning now. Some intelligent investors are accumulating slowly to take advantage from the next financial year and end of the current year.
