Technicals: Volume Analysis

Volume is a crucial indicator in technical analysis. Combining price and volume alone you can gauge the strength of the stock.

In the volume analysis section, we provide the below information.

• Delivery volume: Delivery volume refers to the number of shares that are traded for delivery and not for speculative purposes. Delivery volume is an important indicator of investor sentiment and confidence in a particular stock or market. Higher delivery volumes may suggest strong investor interest and conviction in the underlying fundamentals of a stock, while lower delivery volumes could indicate uncertainty or speculative interest.

• Trade volume: Trade volume refers to the total number of shares bought and sold during a specific period, excluding those held for delivery. Trade volume includes all transactions, including those for intraday trading and other speculative activities.

• Delivery %: Knowing the delivery and trade volumes is great but it doesn't give the complete picture. The delivery % refers to the percentage of shares that are not squared off out of all the shares that were traded. A higher delivery % hints that people have shown interest in the particular stock and hence, are accumulating the stock.

Users can toggle across different timeframes to get a more comprehensive look at the stock's volume. All these data points provide important information on liquidity as well as the entry/exit of big institutions.