$Microvast (MVST.US)$ don't freak out on this it's 42,000 sh...
$Microvast (MVST.US)$ don't freak out on this it's 42,000 shares ... nothing big on this stock be bought up in no time
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151893823 : What volume usually you see for any stock as an indicator of dropping in price? Why 42000 is less ? Is there any benchmark to measure low and high volume of stock?
EZ_money OP 151893823 : average volume.... some apps show average volume per day it's also something you can find on Yahoo finance and Google, other sites as well. thats one thing i don't like about this app. it's okay charting but i have many complaints in other areas
151893823 EZ_money OP : Sorry if I did not convey you my question, My question is for a stock like MVST or any stock, what kind of daily volume would be considered high or low?
EZ_money OP 151893823 : like I said the average of volume per day which is a real stat that moomoo doesn't show is a benchmark. basically size of float and volume meaning smaller the floats take less volume to move up or down compared to mid cap or large caps. i mean 20 million of a 2 million float is good you're flipping the entire free float 10 times and price should move doesn't always depends on the company and what situation is happening with the stock. 20 million on a float that has 1 billion shares in the free float is low.... basically it's just getting to know to the stock. people like volume but i made money on stocks that don't even hit 1 million in volume...best to just get the feel of the stock stick to charts and price action learn support levels etc
EZ_money OP 151893823 : 40-80 million is good 100 -200 million is getting up there, something over a billion in volume is huge volume but that doesn't mean it's going up or down could just go sideways all day
EZ_money OP 151893823 : no stock trades the same every stock is different BlackRock doesn't get a lot of volume and look at those charts. Nvidia gets a lot of volume and and goes up and down same ranges for how long. ... might only see 2 million per day all of a sudden news breaks out and it jumps up to 20 million. it's different for each stock and not the most important thing to think about but definitely can be a factor in price going up ir down or swinging huge swings
151893823 EZ_money OP : Thanks much appreciated