Stocks & Commodities V. 41:03 (16–20): Can Volume Predict Price? by Perry J. Kaufman

Stocks & Commodities V. 41:03 (16–20): Can Volume Predict Price? by Perry J. Kaufman
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Can Volume Predict Price? by Perry J. Kaufman

What does higher or lower volume today suggest about tomorrow’s price? Here’s a test to find out.

Volume is a frustrating piece of data. We all believe that it’s important, yet no one has shown a robust use for it. Chartists claim that volume confirms a trend, but it’s a matter of seeing an erratic increase in volume as prices settle in one direction ...




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