These Price-Volume Distribution charts are visual representations of what traders were thinking and could still be thinking. What made me say that? If a certain price point of a stock got the highest volume without crossed-trades and it so happens that that price is the support line, isn’t it good to think that the stock is trying to stay above the support line? If it’s in the resistance line, isn’t it good to think that the stock is trying to pierce the resistance?
Not only that. If majority of volume is printed towards the lower end of the chart, it could be a bearish sign. If that’s what you see, won’t you continue monitoring the stock for a possible cheaper entry instead of buying right away?
The instructions on how to use this Price-Volume Distribution Calculator is documented in the Stock Signals’ Users’ Manual. All Plus and Unlimited Plan subscribers may download and use all calculators. I am also using these charts in providing visual representations of my analyses in the forum. One of the advantages of the Plus and Unlimited Plan subscribers to Basic and Starter Plan subscribers is that the former may generate their own charts at their own time. They can make a data-driven decision on the spot without the need to wait for my reply in the forum.
Take a look at my documented Trade Alerts on the Exposed Trade Alerts section of my website. Some of the screenshots are from my Price-Volume Distribution calculator.
Let me share with you the price-volume distribution charts of $JFC, $NOW, $TEL, $SMPH, and $URC as of the date and time indicated on the charts.
Get this systematic and organized way of providing trading and investing support from me through the Stock Signals. Subscribe today!
- AskJaycee#13: Will the Stock’s Price Go Up or Down? - June 19, 2020
- AskJaycee#12: Will the Philippine Stock Exchange Index Re-enter 7,000 This Week? - June 15, 2020
- AskJaycee#11: What’s My 7-Step Advice for Stock Traders and Investors? - April 23, 2020