This is a reversal of the price action on the previous hour, in which price moved down.
Price action traders in particular will want to note that the 14 and 30 day periods appears to show price forming a base; this could indicate that a support/resistance level is developing.
As for how volume fared, yesterday’s volume was up 6.77% from the previous day (wednesday), and up 2.2% from thursday of the week before.
The price move occurred on volume that was down 2% from the day prior, but up 61.04% from the same day the week before.
For another vantage point, consider that walmart inc’s price has gone down 11 of the previous 14 trading days.
And for candlestick traders, a special treat: there are doji and pin bar patterns showing up on the charts as well.
Price action traders may also wish to note that we see a pin bar candlestick pattern on xom.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 18.79% from the day prior, and up 54.04% from the same day the week before.
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
The change in price came along side change in volume that was up 30.21% from previous day, but down 14.71% from the thursday of last week.