MARKET ACTION

24 May 2016 By PDSNET

The price of trades and the volumes changing hands during the trading day. The best way to see this is to look at either a candlestick or a bar chart together with a volume histogram. These will show you the range of trade which is the gap between the highest and lowest prices reached during the day - which is a good indication of the level of uncertainty among investors. It will also show whether the share closed near to the upper or lower end of that range - which is an indication of bullish or bearish sentiment. If a share closes below its opening price, the bears are said to have won the day and vice versa. You should study the daily market action of the shares that interest you.



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