Rising and falling price paired with rising and falling volume.
Volume provides context about participation. These combinations are common interpretations, not deterministic rules.

| Concept | Explanation | |---|---| | Price rising, volume rising | Buying participation may be strengthening. | | Price rising, volume falling | The advance may be losing participation. | | Price falling, volume rising | Selling pressure may be strengthening. | | Price falling, volume falling | Selling pressure may be fading. |