Volume Breakout, in Plain Language - The Technical Series · DadFin Research Desk

Dad Street · · 4 min read

A volume breakout is not a forecast. It is a description of one session. The stock closed above every high of the past 20 trading days, and it did it on at least twice its average volume. In plain language: the price went somewhere it had not been in a month, and more stock changed hands than usual. Quiet drifts do not qualify. Headlines often do. On Friday, October 9, the DadFin engine found four. , the one where the tape already agreed Teva closed at $41.10, up 4.71%, on 2.7 times its 20-day average volume. RSI on the day was 65.3. Dad Score 93.6, ahead of 94% of the 5,774 stocks DadFin fully scores. The desk’s quality bar is…

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