Volume spike + Extreme price move

jmiles301 · Feb 7, 2007

I am trying to locate a screener that has the ability to screen for stocks that are making a sudden price move during a surge in volume (extreme volatility event). This particular scenario is most easily seen during a news announcement, such as earnings, where a price shock is felt almost instantaneously. I use Trade Ideas, and I am aware that they have similar functions, however their alerts don't look for the combination of a sharp price movement with a volume spike. You can look for either or, and their our ways of mixing them together, but in its purest form they don't find these sudden price shocks. They also don't filter out the noise very well, which can eventually become troublesome. Anyone have any other ideas?

I appreciate your thoughts,

Jon

jmiles301 · Feb 7, 2007

bump ..

jmiles301 · Feb 15, 2007

...

buylo · Feb 15, 2007

give eSignal a call. They have filters for volume and price.

chartie · Feb 15, 2007

Try this screener

Quote from jmiles301:

I am trying to locate a screener that has the ability to screen for stocks that are making a sudden price move during a surge in volume (extreme volatility event). This particular scenario is most easily seen during a news announcement, such as earnings, where a price shock is felt almost instantaneously. I use Trade Ideas, and I am aware that they have similar functions, however their alerts don't look for the combination of a sharp price movement with a volume spike. You can look for either or, and their our ways of mixing them together, but in its purest form they don't find these sudden price shocks. They also don't filter out the noise very well, which can eventually become troublesome. Anyone have any other ideas?

I appreciate your thoughts,

Jon
More...

jmiles301 · Feb 16, 2007

i'll take a look .... thx

aqtrader · Feb 16, 2007

It is an easy task if you know how to code and to know how to define your signals.

For my watch list of 1500 stocks, right now 11:30AM, here are stocks up at least 5% and also at least 5 times vol above 50-day MA vol.

BFAM 8.0833 7.3249
BWLD 11.7383 10.2641
CNTF 5.6428 10.5826
HITT 12.7423 13.2075
MHK 12.4668 5.9908
PCR 12.3684 14.3892
USTR 5.1939 9.0107

The second col is vol factor, the third col is price change.

Those down more than 5% with heavy vol.
CECO 7.6653 -9.6491
CPKI 8.6256 -5.5871
CRYP 5.6687 -5.3794
TCHC 5.1552 -5.1765

Quote from jmiles301:

I am trying to locate a screener that has the ability to screen for stocks that are making a sudden price move during a surge in volume (extreme volatility event). This particular scenario is most easily seen during a news announcement, such as earnings, where a price shock is felt almost instantaneously. I use Trade Ideas, and I am aware that they have similar functions, however their alerts don't look for the combination of a sharp price movement with a volume spike. You can look for either or, and their our ways of mixing them together, but in its purest form they don't find these sudden price shocks. They also don't filter out the noise very well, which can eventually become troublesome. Anyone have any other ideas?

I appreciate your thoughts,

Jon
More...

jmiles301 · Feb 16, 2007

thanks for posting, but i can find stocks in those situations. however, that is not what my question/need is addressing. i am trying to find stocks that are making explosive moves on explosive volume AS IT IS HAPPENING. the daily %move and the current daily volume compared to a moving average does not accomplish that. once again, my main intent on this particular screen (if i ever find one) is that it combines unusual price volatility and volume volatility into one scan, and it compares those intraday prints to the normal historical tendencies for that particular instrument. the daily values themselves are rather useless for this type of approach.

jon