Why Volume Matters More Than Price Alone
A stock that rises 3 percent on 10 times its average volume is signalling something very different from the same 3 percent rise on below-average volume. High volume confirms that the price move has broad participation — many buyers or sellers are active. Low volume on a price move suggests it may be thin and easily reversed.
Reading the Volume Histogram
The volume histogram on the Investography chart shows daily volume as coloured bars below the price candles. Green bars correspond to up days. Red bars correspond to down days. The height of each bar relative to recent bars shows whether today's volume is above or below the recent average. Look for bars that are significantly taller than their neighbours as signals of unusual activity.
Volume Patterns to Watch
Use the 90-day chart view on Investography to see volume patterns clearly over a meaningful period. Single session volume spikes are visible but harder to interpret without the surrounding context that a 3-month view provides.
Volume and the CSE's Liquidity Reality
The CSE has thinner liquidity than larger exchanges. Daily volume for many mid and small-cap stocks is low enough that a single institutional order can spike volume dramatically. Treat volume signals on thinly traded CSE stocks with more caution than on heavily traded large-caps like COMB or JKH where volume is more representatively distributed.