I'm trying to figure out how to determine whether the stock volume I'm seeing is related to buying or selling activity. Is there a way to know this based on the volume data?
6 answers
Giulia
Sat Nov 16 2024
Conversely, trades happening at or below the bid price are deemed sells.
Sara
Sat Nov 16 2024
Trades executed at or exceeding the ask price are classified as buys.
DongdaemunTrendsetterStyle
Sat Nov 16 2024
These transactions are recorded as ask volume in market data.
CryptoPioneer
Fri Nov 15 2024
These are documented as bid volume.
SarahWilliams
Fri Nov 15 2024
When a trade takes place at a price point situated between the bid and ask, a standard protocol is applied.