What it is:
Uptick volume is the number ofof a particular that trades when the price is increasing.
How it works (Example):
Let's assume that in the last hour, Company XYZincreased from $15 to $17 per share for 30 minutes. During that time, investors bought 2 million of the company. This is the uptick volume.
Why it Matters:
Uptick volume is a measure of momentum and is a frequent component of various technical trading strategies. Generally, however, when uptick volume is bigger than downtick volume outweighs uptick volume, the implication is that the stock is on a downward trend., the implication is that the demand for the is rising and the is hot. When