Volume

Volume Simple Moving Average

VSMA

Smooths volume over N periods to show the average trading activity. Traders compare current volume to this baseline to spot unusual activity that may confirm or question a price move.

Tips

Breakouts on volume above the SMA are far more likely to follow through than breakouts on below-average volume

Declining volume during a rally warns of weakening conviction and potential exhaustion

Parameters

Period

2 - 100