Although higher
volume declines within an uptrend are not positive, it's important to realize that a single distribution day does not kill a rally.
Not exact matches
Additionally, right before a stock breaks out and rockets higher, there is typically a period of volatility contraction and
declining volume within the base of consolidation (learn about basing and consolidation patterns here).
During this same period, exchanges tracked
within the XBX Index posted a 27 %
decline in trading
volume.