Folks,

Till now I have been measuring the Volumes over moving averages of N-past days. And i realized how wrong I was.

I feel, Volume is not a time-series data unlike price quotes. There is very high std deviation in volume data, sudden pulses, spikes and through are all there in volume data series. Moving averages captures trend effectivly if it's a time series.

Hence, I feel the moving averages of Volumes for Any Time Period is not the right metric to compare with the Target day's Volumes.

Any views please?

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