Advertisement
Anonymous
Bid VS ask volume, what's the difference?
4
Discussion (4)
Learn how to style your text
Reply
Save
Bid Price - highest price that buyers are willing to pay for
Ask Price - lowest price that sellers are willing to sell at
Bid volume refers to transactions that happen at the bid price
Ask volume refers to transactions that happen at the ask price
Generally, bid price will always be lower than ask price since a transaction occurs when bid = ask.
Hence when bid volume is higher than ask volume, there are more transactions occurring at the bid price, which means that the price is likely to move downwards (cheaper).
Vice versa for ask volume - when ask volume is higher than bid volume, there are more transactions occurring at the ask price, which means that the price is likely to move upwards (more expensive).
Reply
Save
Kenneth Lou
30 Nov 2020
Co-founder at Seedly
There are two situations you would need to be aware of:
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
4.7
485 Reviews
From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE
4.5
958 Reviews
4.9
127 Reviews
Related Posts
Advertisement
Higher Bid vol are ppl trying to buy. Strong demand. Price goes up . opposite us also true. The higher Ask means ppl are trying to sell/dump the stock. Price will go down.