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Glossary > A > "Authority" Definition

Authority

The concept in technical analysis that a trend in a share price is more meaningful if the number of shares traded (the "volume") is high. A trend with low volume has less authority.

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Authority - The concept in technical analysis that a trend in a share price is more meaningful if the number of shares traded (the "volume") is high. A trend with low volume has less authority.

Authority : the concept in technical analysis that a trend in a share price is more meaningful if the number of shares traded (the "volume") is high. a trend with low volume has less authority.