What exactly does volume mean on a stock price? If the two minute volume is 43,000, then does that mean...?

Question

that 43,000 shares were transacted during those two minutes or does it mean something else?

Answer 1

It means that is the number of shares that traded hands during that period of time.

Answer 2

volume is the number of shares traded

Answer 3

Two minute chart showing 43,000. Means that in two minutes 43,000 were traded.

Volume is a very important component for determing a stocks strength in what every direction it may be moving. If the stock normally trades 5,000 shares in 2 minutes & now it's 43,000...... you've got a trend that's strong.