For example, my volume analysis on gold turned positive in 2006, but sentiment toward gold was often mixed.
There are some basics of volume analysis which can easily be explained, however.
Volume analysis can be used across a variety of markets in order to get helpful signals and confirm price action on the charts.
In recent articles on chart analysis, I did not include the corresponding volume analysis because I wanted readers to simply focus on the charts initially.
The volume analysis supports this viewpoint, as it confirmed the recent breakout and the weekly on-balance volume (OBV) has continued to make new highs with prices.
Volume plays an important role in my work, and when volume analysis is added to the LCD signals, it often validates them, making the investor or trader even more confident.
In my volume analysis, I have found that it is often more useful to look at the volume pattern of the surrounding days whenever a high or low is being formed.
Relative performance and volume analysis confirms these four industry groups are outperforming the market, writes Tom Aspray , and he identifies stocks from each group that may soon set up as good buys.
Chart Analysis : The volume analysis of the Spyder Gold Trust ( GLD) early in 2011 suggested that it was ready to correct, and the fund did drop sharply into the end of January before developing a broad trading range, which has now been resolved by the close above resistance at line b.
There is in the analytical perspectives volume a sensitivity analysis of if the GDP growth rate is better or worse by one percentage point, what is the impact on the deficit.
The following are some additional examples of how I use volume patterns in my analysis.
In the second phase, on-balance-volume and relative performance analysis play a primary role, though other technical tools are often also used.
Of course, the monthly analysis of relative performance and on-balance volume (OBV) can be combined with Starc band analysis to identify new opportunities.
An analysis of the storage volume revealed that almost 90% of the information stored was from messaging systems (mostly email), document imaging systems (storing scanned contracts and claims), and report management systems.
FORBES: Information Governance Even More Important In The Era Of Big Data
To give you an idea of how widespread the problem is, a new study to be published in the Journal of Finance and Quantitative Analysis finds that option volume in a specific stock begins to surge three days before unannounced analyst upgrades or downgrades of a company.
To determine trend changes, one of my favorite tools is the multiple time frame analysis of the on balance volume that I discussed in a recent trading lesson.
We determine the odds for, and extent of, those moves from our proprietary analysis of the way the volume market-makers servicing big-fund clients protect the at-risk positions that must be taken as they compete for this lucrative business.
It should be noted that we cannot always expect to see the classic or ideal volume patterns that are often in the technical analysis books.
It should be noted that one cannot always expect to see the classic or ideal volume patterns that are often shown in the technical analysis books.
The RS analysis was confirmed by the on-balance volume, as it overcame the key resistance, line e, in early April.
The analysis of such data poses problems beyond mere volume control.
Often times, weekly RSI divergences will confirm signals from other technical tools like the on-balance volume (OBV), which gives even greater validation to the analysis.
The bearish analysis would be negated with a move above 16 on significant volume.
It should be noted that even if the December lows were broken, the long-term positive action of the on-balance volume (OBV) indicator would still keep my long-term trend analysis positive.
Some stocks appeal to traders because of their price and volume action, while others appeal to investors who rely more on fundamental analysis: things like price-earnings ratios, sales growth, debt levels and the like.
However, I have found that combining this scan with the monthly analysis of the chart, relative performance, and on-balance volume can be quite effective in identifying good buying opportunities.
As Carter Worth at Oppenheimer explained to me in 2006, technical analysis attempts to predict stock prices by analyzing trends in their price and trading volume.
According to Economatica, an equity analysis service covering companies across Latin America, the Bovespa hit the second-highest trading volume in its history this October.
Their analysis focused on the month of September because it is the only month with a large volume of both regular season baseball and football games.
应用推荐