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• Statistically Analyzing Volume by William M. Goodman, Ph.D.

  ARTICLE SYNOPSIS ...Statistically Analyzing Volume by William M. Goodman, Ph.D. Is an increase in the activity of a stock a meaningful indication of the direction of price? To answer this question, you can use statistical methods and most any spreadsheet to analyze the relationship between price and volume. Technical analysis is an ongoing creative process of determining order in a complex pattern. In general, the pattern is reduced to a graphical or mathematical model, but a model is simply not enough. You need confirmation, and by rigorously testing your methods, you gain confidence that your findings have va...

AUTHOR: William M. Goodman, Ph.D.DATE: NOV 1996SUBJECT: Trading Techniques