Does anyone actually understand why stock price moves?

Discussion in 'Technical Analysis' started by mute9003, Jul 6, 2022.

  1. mute9003

    mute9003

    So far i havent found a solid explanation of why price moves.
    99%of people dont understand this sht

    Example
    AYTU ticker
    volume throughout the day 1.5m ranges within 10 cents all day

    Afterhours no volume big moves
    But still i dont see any volume
    What is going on?
    It spikes then drops and i dont see sht happening
    Where is this price movement coming from?
     
    murray t turtle likes this.
  2. Overnight

    Overnight

    The price movement comes from a bidder meeting a sellers price, or vice versa. Volume is irrelevant.

    You can see this on forward futures contracts all the time. There can be a contract with 10 volume at, say, noon and a bid/spread ask of 30 points above/below the last price. I set my buy price 10 points below current last price. Suddenly my price is hit by a seller. Last just moved 10 point south, volume increased to 11, and there is your price movement.
     
  3. Huh?
    There are lots of reasons why prices move.
    Regarding AYTU, I don't see any big moves today after hours.
    You have a 4.84 cent bid/ask spread, thin volume, virtually no trades.
    What's your question again? What big price movement?
     
  4. mute9003

    mute9003


    On aytu specifically
    Why does price move more with less volume?
    I've seen it happen in alot of stocks.
    Massive volume during morning hours and then randomly price would move andni look at volume and it shows like 1 share or 15 shares or whatever tiny volume
     
  5. SunTrader

    SunTrader

    Again with the frickin penny stocks trying to make sense of them LOL
     
    tomkat22 and Nobert like this.
  6. Overnight

    Overnight

    That's just it. Statistical and I both answered your question albeit in a different fashion.

    The larger the bid/ask spread, which is what happens the lower the volume, the larger the moves will APPEAR.
     
    Statistical Trader likes this.
  7. Big volume doesn't necessarily mean big moves. Small volume doesn't necessarily mean small moves.

    Right now we have 0.6600 bid and 0.7084 ask on AYTU after hours. Someone enters a small MKT buy order. They buy at 0.7084. Someone else enters a small MKT sell order. They sell at 0.6600. I guess that's a "big move" on the last price and it could happen based on two small odd lot orders. No volume, "big move." In fact, this can happen a lot in thinly traded stocks.
     
    tomorton likes this.
  8. easymon1

    easymon1

    You got lucky.
    What were the macro conditions and the infosphere in which you operated during that era?
    Is that era still in play?
    Are you Able to adapt?
    Now what are you gonna do?
    Kvetch?
     
    Last edited: Jul 6, 2022
  9. Simple...

    I want to buy 5 cows at $70.

    You have 6 cows to sell at $80.

    One of us will be forced to pay the other's price.

    Say I bite the bullet and buy 5 cows at $80.

    Now you have 1 cow to sell at $80.

    Someone comes in and really needs cows. They buy the 1 you have at $80.

    Now there are no more cows to be sold at $80. The next person willing to part with cows is only willing to do it at $90.

    repeat.
     
    SunTrader likes this.
  10. SunTrader

    SunTrader

    I have (6) 1 minute bars on TradeStation in 1 hour and 40 minutes of AF trading.

    Give me a break trying to discern anything fackin' thing from that. Retarded.

    The next Wolf of Wall Street is taking notes.
     
    #10     Jul 6, 2022