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Volumeanalysis

2023 True Market Leader - Does it has more potential? VRT has been up more than 200% since late April 2023 bottom, demonstrating key true market leader characteristics in terms of price advance, volume profile and fundamentals. Look at how well and orderly price was following along the 8 EMA and later 21 EMA since the break-out from a large 195 days base (with two unfilled gaps first in Apr and in later in May). On the fundamental side, one my notice: Exceptional relative strength to the SNP500; Top EPS and IBD Composite Index; Triple digit growth in analyst estimates for EPS for 23 and double digits for 24; Jaw-dropping triple digits earnings growth for 3 qrt in a raw; Continues double digits sales growth; Improving ROE; And doubling amount of institutional sponsorship by Sep23; Management owns 10% I don't have reliable ElliotWave pattern on VRT, but from the market symmetry concept, I see the next important macro resistance zone at 47-51 area, where 47 is the 100% extension of the move from the bottom of 2020 to the top of 2021. The history of true market leaders teaches us, that the stocks the doubles and triples have a higher historical odds of doing it again in the next bull-cycle. It this correction in the indexes is over and the general market has a plan to continue its advance in Q4, my thesis is that VRT shall continue being the top choice for the growth investors and trader. Trading parameters: actionable if price breaks out the 39 pivot with volume. Short-mid term long thesis is wrong bellow 36 and fully invalidated bellow 35 areas.
NYSE:VRTLong
by artemfedorov
YNDX - Ideal support zone to start the launch YNDX has landed perfectly into the lowest border of my ideal support zone of my wave (iv) projection. Until 2320 holds, I will expect the price to: 1. Move above the short-term 8/21 EMA and long 50D MA and 10W MA; 2. Form the right side of the cup with buying volume predominating above any selling volume; 3. Any low-cheat/cheat or handle area break-out pivot to emerge, providing the low-risk entry point. What also provides me with confidence to expect the re-launching of the upward moving trend (although price is bellow the 10w MA) is the absence of any meaningful selling volume. The correction so far is below 20% and looks orderly. The analysis and the investment thesis is fully wrong bellow 2320 area.
RUS:YDEXLong
by artemfedorov
TONUSD - Could be building nice Weekly Cup-and-HandleWhile it is to early to suggest, that price is prone to the break-out above 2.60 pivot. It fine to acknowledge this potential, due to favourable price and volume profile. Notice the prevalence of good weekly closes on a substantial pick-up in volume in comparison with down weeks being on much lesser volume week by week. It is yet to early to suggest the three weekly lower-lows is enough for the handle in the cup to form, but until price holds 10w MA, I am willing to consider this bullish potential. Trading thesis: I would wait for the proper pivot to emerge on the daily time-frame (preferably around 2.6 level), before establishing any positions. Although cowboy-type traders may consider any low-cheat pivot around 2.16 area to be actionable with proper risk-management tactics and discipline.
Long
by artemfedorov
XAGUSD Lets go! Just spent the last 4 days coding. ShortXAGUSD has been bleeding so to figure out what it will do from here on out... I decided to make an indicator. So I spent the last 4 days coding this monster. Yes, My indicators have seizures written all over them. I agree, and yes I was one of those guys who would look at a friends chart and be like, bruh, I can't see anything through your mess. However, I know what all my seizure induced lines mean, because I built the formulas for them. Plus, the finesse of my coding language and understanding what is possible is sad. However, my twisted brain sees things and hears voices and that makes up for it. You just have seizures when you use it. So while, trading gold i came up with the idea. What makes Gold or Silver? Seriously, what drives this thing other than fear and greed? More GREED! And a lot more fear! lol So , I took my new found greed and fear and came up with a formula to identify how they affect gold. Tweaked out fear and greed affects my stocks by making them the same size and sending it off to school with a brand new back pack thats clear. packed it full of lots of snacks and even through in a bottle of grandmas pink and blue pills. You know so he can buy lunch after dealing it all out. So what does little tommy do? Red Line: Stair steps under price and pushes away from price action durring times of accumulation. When it starts to come back and actually crosses price action for the first time after dipping, its GOLD! no pun intended. If price is moving up but red is not.... I am not scared not even a little. White with diamonds: Its a momentum reader. When it slings above price its most likely about to dump. when it slings below it most likely will pop. Yellow lines and green lines: Also momentum readers Mad simple but affective. White Line Price projected line just like Red and blue. These next two are a separate indicator that I created as a culmination of all the other lines and what I have learned from them. Stream lining them into something a lot more true and less reactive. its the perfect balance to what the other lines are. I can run a 1 min chart and feel confident that what I see is what is happening. Dark green and mustard color: These two are legit AF. If price runs below mustard it wont stay gone for long....rarely will price make it over mustard for any given length of time. Unless it is ridiculously bullish like news popped and everything. Green is the high end rarely will price ever pass green. Ever! Anyways, I am using these lines to trade this short.. been in it for about an hour now. up $742 on get this... 2*.5 lots. lol Naturally, if you enjoyed this pls like follow and most of all boost! Thank you everyone who boosted my last post. 22 boost is like wow! It didn't end the way I wanted but it gave me the knowledge I needed to make these indicators. $772 Red line so far away from price...... The symbols are from my ESVO indicator that predicts price action kind of the same way these two I just made. Except, the esvo is alot more sophisticated on alerts and swings and letting you know when all the trading by the big guys has finalized and come to the point where they are about to reap the benefits of all the corralling of retail buyers. The one I just made that is mustard and green, is super specialized into one stock and hyper focused that way. It literally is stalking it like a serial killer. Wearing a skin suit of Silver and gold just to feel like its actually them....sicko I know.... by iCantw84it 10.01.23
OANDA:XAGUSDShort
by iCantw84it
Trader's Guide: Volume Range Profile 📊Welcome, traders! In this guide, we'll explore a tool that can significantly enhance your trading skills - the Volume Range Profile. You'll learn how to use it to identify key support and resistance levels, trend reversals, and execute successful trades. 📊💹 Key Learning Points: Understanding Volume Range Profile: The Volume Range Profile is a tool that displays trading volumes at various price ranges. It helps identify where the market has the highest volume and where key support and resistance levels are formed. Volume Analysis: The first step in using Volume Range Profile effectively is to analyze the volume data. Look for price areas with significant spikes in volume as these often indicate areas of interest to traders. Identifying Key Levels: Using Volume Range Profile, you can identify the Point of Control (POC), which is the price level with the highest volume. Additionally, you can spot the Value Area High (VAH) and Value Area Low (VAL), which represent price ranges where the majority of trading activity occurs. Support and Resistance Levels: The POC, VAH, and VAL can serve as dynamic support and resistance levels. When the price approaches these levels, it's essential to watch for potential reversals or breakouts. Trading Strategies: Volume Range Profile can be used in various trading strategies, including range trading, breakout trading, and trend confirmation. For example, a breakout above the VAH may indicate a bullish move, while a breakdown below the VAL could signal a bearish trend. Risk Management: Always implement proper risk management strategies in your trades. Consider placing stop-loss orders below support levels and take-profit orders near resistance levels identified using the Volume Range Profile. Continuous Learning: Practice using the Volume Range Profile in different market conditions to enhance your skills. Stay updated with market news and trends to adapt your trading strategies accordingly. By incorporating Volume Range Profile analysis into your trading routine, you can gain valuable insights into market sentiment and make more informed trading decisions. Happy trading! 🚀📊
Education
by AlexWhale
ES Futures Volume Teardown Vs. Cyclical Elliot Wave CountI recently noted that my cyclical Elliot Wave count coincides with the significant volume areas on a volume profile for the ES! futures contract (S&P500). So, from the top: 1. is the recent volume high. An influx of volume into the market that has driven the nasty corrective grind since the ultimate top. 2. is the value area high as calculated by the volume profile extension. This is where the 2017 highs were found and there was a lengthy sidwards ABCDE correction which I believe to have been a Wave 4 in hindsight. 3. correlates to a volume influx that both served as the 2015 top when there was a brief period of volatility across a 15% range (that I believe to have been a subwave 4 correction) and also the COVID sell-off lows (That I believe to be an E wave at the end of a Wave 4 correction that was in place since 2018). 4. Correlates to overall point-of-control as calculated by the extension which was the high for total volume between 2008 and present. Wave 1 also found resistance here as did Subwave 1 of Wave 3. Significant volatility in this area as buyers and sellers fought it out but was ultimately won by the bulls. 5. Correlates to the value area lows as caclulate by the plugin. There was no special significance of this. 6. The ultimate bottom of range. No special significance other than this is the bottom of my sampling range. So to summarise, it seems that the volume profile for the ES! futures contract correlates to my long-term view of SPX from an Elliot Wave perspective. I consider this good evidence for my wave count. We also can see from this how volume flowing into the futures market has tapered off as the market climbed. There is also a very significant RSI divergence that began in 2018 and is still in place to this day. My view going forward is that it's very difficult to believe that the minor dip since the all-time-high is going to be the correction to a 14 year bull run. So I expect further downside to come. Scenario 1: We have had an A wave down and a B wave up. We are owed a C wave down to the penultimate bottom at between 2000-2800 that are significant volume nodes. Scenario 2: We have had a Wave 1 down and are setting up for a much larger correction which will see us bottom at the COVID lows, bounce for a few years, and then continue down to the lower range of the chart. I am unsure which scenario is going to take place, but I am positioning myself for both.
CME_MINI:ES1!Short
by RogueEconomics
3
The Factors That Could Drive Gold Prices This WeekGold prices are expected to remain volatile this week, as investors digest the latest economic data and central bank policy decisions. The US non-farm payrolls report on Friday will be a key event for gold prices, as it will provide an update on the state of the US labor market. Other key events to watch this week include the European Central Bank (ECB) policy meeting on Thursday and the US Federal Reserve (Fed) meeting on Wednesday. The ECB is expected to raise interest rates for the first time in 11 years, while the Fed is expected to keep rates unchanged. The price of gold is currently trading near the lower end of its recent trading range. A break below this level could trigger a sell-off, while a break above could lead to a rally. Therefore, could see gold revisit $1925. 1. US economic data: The US non-farm payrolls report, the ISM manufacturing PMI, and the ISM services PMI will be closely watched for any signs of economic weakness or strength. 2. Central bank policy decisions: The ECB and the Fed are both expected to make announcements on interest rates this week. Any hawkish or dovish surprises could have a significant impact on the price of gold. 3. Geopolitical developments: Any escalation in the Russia-Ukraine war or other geopolitical tensions could boost demand for gold as a safe haven asset.
OANDA:XAUUSDShort
by CandlesofKarma
📈 Exciting Trading Opportunity Alert! USDJPY: bull flag🚀✨Delving into the intricacies of USDJPY on the 4H TF Take a step back and witness the grand narrative of the chart—an unwavering uptrend punctuated by calculated retracements. Recently, a significant consolidation occurred at the pivotal 145.000 level, a strategic move accompanied by the emergence of a promising bull flag pattern. This pattern speaks volumes, reinforcing the notion of an ongoing trend. But the real excitement? Brace yourself for the breakout! 🚀📈 The trajectory is set for a huge leg up, mirroring the upward momentum. 🌟 Now, aligning with the persistent bullish sentiment, I'm pinpointing two juicy targets: 148.000 and 150.000. 🎯 In this intriguing juncture, let's seize the opportunity to navigate the market waves, buoyed by the prevailing trend's tide.📈🌊
Long
by Thomas_Zito
3
Volume indicators. How do they work? Hello, traders! Today, I would like to talk about indicators and how you can utilize it in your trading journey. On Balance Volume The indicator is calculated cumulatively – the current value is determined as the sum of volumes over previous and current periods of the price chart. The sign is taken into account during summation: if the price increases during the period, the volume receives a positive value; if it decreased, the volume receives a negative value. As a result, traders obtain a tool that reflects the accumulation of long positions (indicator rises) or short positions (indicator falls) in trading. The indicator generates signals that anticipate movements in relation to the price chart. Its significant movements effectively confirm trends in quotes, and divergences with price charts provide signals with a high degree of reliability. Important note: This indicator is practically indispensable during flat market conditions – its growth or decline under these circumstances reveals market intentions, enabling precise determination of breakout from sideways movement and the direction of an impulse. How make to use of this? Utilize divergences as an additional framework indicating potential shifts in the current price trend. Accumulation/Distribution Developed by Larry Williams, this indicator suggests modifying the calculation of the On Balance Volume to account for the contribution of bulls and bears in each period. This involves considering the price movement during the period from opening to the maximum, minimum, and closing prices. As a result, a more precise tool for assessing position accumulation is created, while maintaining the same integral (filtering) properties. It's used in trading just like the On Balance Volume but generates quicker signals. On prolonged trends, the indications of these two indicators exhibit minimal differences. However, during corrections and flat market conditions, the Accumulation/Distribution indicator appears to be preferable. The Money Flow Index (MFI) The Money Flow Index (MFI) proves quite useful for traders familiar with the crypto scene. It serves as a volume-based indicator to assess whether the current temperature is running excessively hot or cold. Operating on such numbers of 0 to 100, the MFI closely resembles the (RSI). It also contains the data volume. When MFI readings surge above 80, it could signal an imminent price reversal, driven by a significant surge in buying activity. On the other hand, when it reaches 20 or even drops below it, we might be witnessing an abundance of selling pressure, potentially indicating oversold conditions. The true allure of the MFI lies in its ability to see divergences – a skill highly appreciated by traders. Divergence depends on the situation when the MFI decides to waltz to a different tune than the actual price movement, providing a potential heads-up for an impending trend reversal. Consider this scenario: Picture a cryptocurrency's price steadily climbing higher, while the MFI, descending from the point of 80 or above, tells a contradictory tale. This wink from the indicator suggests that the price might be gearing up for a reversal performance. Conversely, envision the MFI making an upward turn from the depths of, let's say, below 20, even as the price continues its downward journey. This cunningly indicates a possible upward reversal looming on the horizon – truly a game of market whispers. P/S: Every indicator has the right to thrive in the market, especially in algo trading while you create a network of robots. Among the options I'm fond of in the current market, on the Bitsgap platform, one can set up to take profits based on indicators. Currently, there are two choices: MACD+RSI. Hopefully, they'll introduce volume indicators over time. I'd be delighted to hear about your strategies and experiences with these indicators. Wishing you successful trades, traders!
Education
by Ingwina
1
Analyzing Potential Price Reversal on Nasdaq Using Technical IndIn recent market observations, the Nasdaq has displayed a noticeable downtrend, reflecting bearish sentiment. To gauge potential price reversal opportunities, a combination of technical indicators has been employed. Key Points: Point of Control (POC): Analysis of the volume profile revealed a significant Point of Control (POC) at a specific price level. POC can act as either a support or resistance level, depending on price movements. Fibonacci Retracement: The 61.8% Fibonacci retracement level, a renowned area of interest, coincides with the identified POC. This confluence highlights the potential significance of this level as a reversal point. Strong Support Level: Concurrently, the price is situated at a historically strong support level. This enhances the probability of a reversal, as this level has proven resilient against downward pressures in the past. Volume Decrease: An observation of declining trading volume in the current price area indicates waning participation and market exhaustion. This phenomenon can signal potential shifts in sentiment. Implications: While these technical factors collectively suggest the possibility of a price reversal, it's crucial to exercise caution and consider additional elements: Seek confirmation from complementary indicators like bullish candlestick patterns, positive divergence on momentum oscillators, or trendline breaks. Stay informed about relevant news events that could influence market sentiment, potentially overriding technical signals. Implement proper risk management techniques, such as setting stop-loss levels, to mitigate potential losses. Remember that while technical analysis provides valuable insights, it doesn't guarantee future price movements. A holistic approach that integrates technical, fundamental, and market sentiment analysis is essential for making informed trading decisions.
OANDA:NAS100USDLong
by Mag_tha_Trada
$ZOM Potent investment opportunityObserving the trading chart for this particular equity, it's evident that the security has been encapsulated in a range-bound, or "rectangular," pattern since 2018, with the central pivot point firmly established in the $0.20 vicinity. This technical analysis, combined with strategic stock purchases by the CEO and other insiders, signals a strong vote of confidence in the company's prospects. When we scrutinize the fundamentals, the recent earnings report paints an encouraging picture: a robust 43% surge in revenue, bringing it to $6.0 million, bolstered by an impressive gross margin of 67%. Additionally, the company's liquidity position remains strong, with $142.4 million on hand, providing ample financial flexibility. Given this confluence of positive signals, both from a technical and fundamental perspective, there's a compelling case to be made for this stock as a potent investment opportunity at this junction.
AMEX:ZOMLong
by AllHart
ARKM - Falling wedge, or over the edge? ARKM is a newly listed project that has a decentralized intelligence marketplace and ARKM can be utilized with the market. Since it's initial listing, price action has continued to slide under heavy selling pressure. Price is down ~50% from its highs. The reduced selling pressure can also be seen from the reduction in volume over time. If there is not a market wide directional event, we could see strong support at the zones i've illustrated. I've also added long position indicators for long positions, to gauge how the idea plays out relative to my thesis here. I would assert that one of these two support zones will act as a point of control that undergoes a test of resistance. Additionally, falling wedges with this volume profile can indicate a strong reversal. However, initial listings can be highly volatile and a breakdown of support would not surprise me either. I would put it at 60/40. Bull/bear.
by SpektreSignal
Tesla's Capitulation Bottom and the Significance of VolumeTesla, the renowned electric vehicle manufacturer, has experienced various phases in its market cycles, including a significant capitulation bottom. By examining the chart, it becomes apparent that volume played a crucial role in identifying key turning points and understanding market dynamics. I'd like to explore Tesla's capitulation bottom, the importance of volume, and its implications during the mark-up phase of a market cycle. Capitulation Bottom and Volume Analysis During Tesla's consolidation period from February to April 2023, the orange volume moving average line shows consistently above-average volume, even as the average volume increased. This observation indicates heightened market participation and interest. The consolidation phase witnessed a slight decline in volume as buyer and seller activity subsided temporarily. However, this period of consolidation created confidence to market participants, suggesting that there were insufficient sellers to drive Tesla's price back to the January 2023 lows near $101. Consequently, bullish investors stepped in, initially with low volume, but with increasing volume over subsequent weeks. Climax Volume and Recent Concerns In the beginning of June, Tesla experienced a second price mark-up phase characterized by a climax in volume. However, the most concerning factor is the lack of volume observed last week. While it's important to note that it was a short trading week, it remains the lowest volume seen since December 2022. The lowest all year. Even the Christmas week in 2022 witnessed higher volume. Last week was associated with a breakout to add to injury. Last week, Tesla achieved fresh highs for 2023, and a price target of $300-$305 is anticipated in the upcoming week or shortly thereafter. However, if volume fails to increase in the following week, it could signal potential instability, necessitating a thorough assessment of positions. Understanding Volume in a Mark-Up Phase In market cycles, volume serves as a critical indicator during the mark-up phase. During this period, when prices rise steadily, increasing volume signifies growing market participation and confirms the strength of the bullish trend. Robust volume suggests conviction among buyers and sellers, validating the upward momentum. However, a decline in volume, particularly after a climax or surge, can raise concerns as it may indicate diminishing participation or waning bullish sentiment. It is important to remain vigilant during such periods and conduct risk checks to protect positions. Educational Insights Volume analysis is a vital component of technical analysis, enabling investors to understand market sentiment and validate price movements. In a mark-up phase, increasing volume demonstrates conviction, signaling the sustainability of the upward trend. Conversely, declining volume after a surge or climax may warrant caution and risk assessment . Traders and investors should consider volume alongside other technical indicators to gain a comprehensive understanding of market dynamics and make informed decisions. Tesla's journey has seen significant turning points, including a capitulation bottom, which can be identified by analyzing volume patterns. The consolidation period and subsequent mark-up phase provided insights into market participation and sentiment. Volume serves as a valuable tool to confirm trends and assess the strength of a market cycle. However, recent concerns arise from the lack of volume in the past week, warranting cautious monitoring and risk evaluation. By incorporating volume analysis into investment strategies and understanding its significance, traders and investors can enhance their decision-making processes and navigate Tesla's dynamic market with greater confidence.
NASDAQ:TSLAShort
by bitdoctor
4