In technical analysis, volume measures the number of a stock’s shares that are traded on a stock exchange in a day or a period of time. Volume is important because it confirms trend directions.

Limitations of Technical Analysis 1. For some analysts and academic researchers, the EMH demonstrates why no actionable information is contained in historical price and volume data. However ...

Technical analysis evaluates financial assets, such as stocks, currencies, or commodities, by reviewing the historical price and volume data. Unlike fundamental analysis, which focuses on the ...