As for how volume fared, yesterday’s volume was up 63.54% from the previous day (tuesday), and up 25.83% from wednesday of the week before.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
From a hourly perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 hour timeframes.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
The price move occurred on volume that was up 35.84% from the day prior, but down 8.27% from the same day the week before.
For another vantage point, consider that international business machines corp’s price has gone up 5 of the previous 10 trading days.
This is a reversal of the price action on the previous hour, in which price moved up.