Glossary › above-average volume
Trading glossary · structure
above-average volume
More trading than usual in a candle, compared with the average of recent candles. It shows many people joined the move.
The fuller meaning
Volume clearly higher than its recent average, in the lessons usually the last 20 candles. Breakouts on volume well above average are treated as more convincing and moves on thin volume as suspect, though both can fail. Compare each chart with its own average, since volume levels differ across markets.
above-average volume, also called volume above average, average volume.
Related words
bounce · break of structure · breakaway gap · breakdown · breakout · broken level · channel · choppy market · common gap · daily chart