Unusual volume alerts!

[bowman]

Tech

Your first rule, 5x + average volume. Is that comparing the most recent daily volume to the previous x number of days, and if so, how many days is x?

Thanks.

 

[tech/a]

14 day ema

 

[johnnyg]

Tech, you know about my idea's from previous discussion. Here is that in a system for UXC.

Do you place more value on the signal if the stock has shown previous success using it?

 

[tech/a]

J

This is a pre breakout pre breakdown indicator.
I'm looking for volume tags in patterns and in particular consolidations.
Where the pattern or consolidation I in the immediate life of the stock (trend).

Do you place more value on the signal if the stock has shown previous success using it

No not really just gives you a warm fuzzy feeling I guess.
There is a more to the analysis but wont go into detail as its a work in progress.

 

[springhill]

Is this along the lines of what you are looking for tech?
CXY intraday

 

[tech/a]

Re CXY

 

[springhill]

Re CXY

That particular day there was a boardroom radio report & an increase in substantial holding notice.
Do you cross reference these things when you see that kind of activity on a chart? Or do you see the event and decide whether to act on it from a chart perspective?
Is the current trend important at this point? And can this activity be the pivot for a -ve/+ve reversal?
So even though there was a volume increase, but no price increase at the time, do you take this as positive, as sellers are being absorbed?
Just trying to get to the crux of what you are saying in laymen's terms.

 

[tech/a]

I dont look at announcements,cab driver reports or New Ideas horoscope.
But people can do what they feel comfortable with.

All Im interested in is a low risk entry which (Albeit in hinsite) would have been.
I cut losses very short and let the winners run.
In the case in question there would have been a nice setup with good R/R potential.
UXC and CNP have quite a few.(daily charts)
These Tags can be found in all time frames.

 

[springhill]

J

This is a pre breakout pre breakdown indicator.
I'm looking for volume tags in patterns and in particular consolidations.
Where the pattern or consolidation I in the immediate life of the stock (trend).

So in this CXY setup (keeping it simple) you are looking for;
1. 5x 14 day volume ma
2. Consolidation pattern
3. Minimal/no disturbance in price at time of volume spike
4. Anything else?

If i'm interpretting what you are saying correctly, then in this play you set a very tight stop loss, but are leaning towards it heading up.
Is this because (to your eye) there are no signals on this chart whether its breakup/breakdown? Or are there?

 

[johnnyg]

J
This is a pre breakout pre breakdown indicator.
I'm looking for volume tags in patterns and in particular consolidations.
Where the pattern or consolidation I in the immediate life of the stock (trend).

Sounds very similar to one of the ways I search for my entries. Here is one I P/T from UXC back in July. My scan found the bars I'm interested in, I then eye off each one, UXC showed a nice consolidation pattern (ascending triangle) so I set-up my buy and stop, a few days later the analysis was confirmed.

Look forward to seeing more work from you as it comes along.

 

[tech/a]

As I said a work in progress.

I have a number of components I don't wish to release yet.
Working with some very knowledgeable people currently and with a very powerful new addon for metastock this could well prove to be an exciting new methodology.Exciting for me.

Interested in what others "SEE" more so than what I see.
You never know there maybe a component which improves the ideas of volume tags which I havent looked at.

I'll post up any I find interesting.

Is this because (to your eye) there are no signals on this chart whether its breakup/breakdown? Or are there?

Last hint.
If up a clear indication of no supply in the preceeding bars
If down a clear indication of no demand in preceeding bars.
Then ANY indication of volume COMING in.

Finally dis regard anything that hasnt a Liquidity of $250k (Can set to whatever you like but wouldnt go lower) ON THE LARGE VOLUME DAY. As volume often floods in.

 

[springhill]

As I said a work in progress.

I have a number of components I don't wish to release yet.
Working with some very knowledgeable people currently and with a very powerful new addon for metastock this could well prove to be an exciting new methodology.Exciting for me.

Interested in what others "SEE" more so than what I see.
You never know there maybe a component which improves the ideas of volume tags which I havent looked at.

I'll post up any I find interesting.



Last hint.
If up a clear indication of no supply in the preceeding bars
If down a clear indication of no demand in preceeding bars.
Then ANY indication of volume COMING in.

Finally dis regard anything that hasnt a Liquidity of $250k (Can set to whatever you like but wouldnt go lower) ON THE LARGE VOLUME DAY. As volume often floods in.

Thanks for taking the time, not a trader (investing ATM, though not something i'd write off down the track), but take interest in your posts. Nice to be able to get the gist of them every now & then
I will be keeping an eye out for setups like this now, even if i dont use them, and try to expand my thinking.

 

[johnnyg]

As I said a work in progress.

I have a number of components I don't wish to release yet.
Working with some very knowledgeable people currently and with a very powerful new addon for metastock this could well prove to be an exciting new methodology.Exciting for me.

Interested in what others "SEE" more so than what I see.
You never know there maybe a component which improves the ideas of volume tags which I havent looked at.

I'll post up any I find interesting.

I cant see 5 x Average volume working very well in a system, well at least from what I've seen playing around with the settings in my system, but I'm sure if someone can make it work Tech, you can. If you wish to see some results of mine let me know.

 

[tech/a]

Always interested PM me for my email address.

Re the 5 x -- you could well be right as I said a work in progress and nothing set in stone.

However over a long period of time its been pretty good for me when trading in a discretionary manner.

 

[Wysiwyg]

Okay I have a chart here that has volume spikes in multiples of the average. On the first ellipse hindsight shows that buying took place and the share price duly rose. However on the second ellipse there has been significant spikes in volume over a six week period with a resultant sideways trend.

Question is (with the second ellipse), how do we know if the higher volume days are accumulation or distribution by looking at the chart I have attached?

 

[tech/a]

My take on TRS Past and present.
Click to expand.
Opportunity was in June opportunity to hold on to some profit has been going on since August.

 

[tech/a]

This example came up on tonights search.
Click to expand.Note each tag bar or set remained/s in control.
Price never broke below the bar---its volume acted as support (In that bar).
So would not expect trading below the low of todays bar.

 

[satanoperca]

Hi,

Very interesting analysis on Eden Engergy. Thanks for the charts.

Would you expect that if the following days are not proceed by higher highs then the low of today could be tested to fill the gap below todays open?

Cheers

 

[alex keaton]

If you want to track unusual volume on a real time basis then this could be helpful.

Spark’s Intraday Relative Volume Indicator
http://blog.iguana2.com/

 

[kam75]

I thought it might be useful to start a thread where people could alert other ASF members to companies that are experiencing a sudden change in the amount of volume being traded or unusual patterns of volume being traded.

We all have different stocks on our watchlists and thought this thread could be a way of alerting others on ASF to unusual amounts of volume in stocks that others may not be watching.

Am hoping this thread could be useful in the same way that the Potential Breakouts and Outstanding Breakouts threads are.

You talking intraday or end of day volume? End of day's easy. I scan for this every night.