Info!! Reading Render In Addition To Remove For Stocks During The Trading Day

Who is inwards command of the 24-hour interval session for stocks:  buyers or sellers?  Influenza A virus subtype H5N1 straightforward means to assess this is to rail the NYSE TICK ($TICK), which continually updates the publish of stocks trading on upticks versus downticks.  If nosotros run into wide buying, we'll run into rattling high (+800 or greater) TICK numbers.  Broad selling gives us readings of -800 or lower.  

Above nosotros tin flame run into the v infinitesimal TICK readings for yesterday's trading session.  Note that nosotros opened alongside pregnant buying involvement together with stayed higher upwards the neutral nix (yellow) draw for nearly of the trading session.  Most important, nosotros never saw selling readings of -800 or less.  Quite simply, many to a greater extent than stocks traded on upticks than downticks over time, non then much because upticks were extremely high equally because nosotros had a relative absence of selling pressure.  That absence of sellers was a nifty say that prices would remain draw of piece of occupation solid through the session.

By watching the distribution of TICK readings--and shifts inwards that distribution--through the trading day, nosotros tin flame perish sensitive to demand/supply changes that typically live on on at marketplace position turns.  When the distribution is one-sided, recognition of that fact tin flame proceed us out of bad trades.

Further Reading:  Tracking the Stock Market With a Broad TICK Measure
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