Spike Threshold: 2x
Compared Period: 12
Volume is an important factor to consider when analyzing price trends in the stock market or other financial markets. It can provide insight into the level of trading activity in a particular security or market, and can be used to confirm or help identify trends.
One way to use volume to judge price trends is to look for volume spikes. A sudden increase in volume can often signal a change in the trend, either a reversal or the start of a new trend.
Notice: It's important to note that volume is just one factor to consider when analyzing price trends, and it should be used in conjunction with other technical and fundamental analysis tools.
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