What is 'Volume'
Volume is the number of shares or contracts traded in a security or an entire market during a given period of time. For every buyer, there is a seller, and each transaction contributes to the count of total volume. That is, when buyers and sellers agree to make a transaction at a certain price, it is considered one transaction. If only five transactions occur in a day, the volume for the day is five.
BREAKING DOWN 'Volume'
Volume is an important indicator in technical analysis as it is used to measure the relative worth of a market move. If the markets make a strong price movement, then the strength of that movement depends on the volume for that period. The higher the volume during the price move, the more significant the move. Fundamental analysis is based on company performance and is used to determine which stock to buy. Technical analysis is based on price and is used to determine when to buy. Technical analysts are primarily looking for entry and exit price points, and volume levels provide clues about where the best entry and exit points are located. Read more.
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BREAKING DOWN 'Volume'
Volume is an important indicator in technical analysis as it is used to measure the relative worth of a market move. If the markets make a strong price movement, then the strength of that movement depends on the volume for that period. The higher the volume during the price move, the more significant the move. Fundamental analysis is based on company performance and is used to determine which stock to buy. Technical analysis is based on price and is used to determine when to buy. Technical analysts are primarily looking for entry and exit price points, and volume levels provide clues about where the best entry and exit points are located. Read more.