>>>>60 day avg volume for ROIAK was
443,721 on the TradeStation Platform. Volume Today =2,650,008.
Vol%=597% almost 6x the average of the daily volume. Where is the
computation rationale for 1023%.
they probably use a different day to calculate vol%, in
Stockcharts the default is 60 days, so it could be 30 or 15 or 90,
IDK, not really that big of a concern of mine since it's all
relative
Ok, this is interesting, 271,489 is the average volume when
using td ameritrade as the data feed, when I switch it to
interactive brokers the average volume is 393,000 and the volume %
is 670%.
Ok, I'm getting 393,000 for both data sources now and vol% of
670, must've been a timing/refresh cause for the difference between
the two feeds in my case.
could be showing after hrs volume which would make it higher.
again I wouldn't worry about it too much, it's just a guideline and
it doesn't have to be perfect to be a big help
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Vol%
Medved Quote Tracker - Education on using it to trade setups
Posted by alver08 on 11th of Jan 2011 at 07:20 pm
One question about the volume%
>>>>60 day avg volume for ROIAK was 443,721 on the TradeStation Platform. Volume Today =2,650,008. Vol%=597% almost 6x the average of the daily volume. Where is the computation rationale for 1023%.
Thanks for explaining this.
they probably use a different
Posted by matt on 11th of Jan 2011 at 09:30 pm
they probably use a different day to calculate vol%, in Stockcharts the default is 60 days, so it could be 30 or 15 or 90, IDK, not really that big of a concern of mine since it's all relative
That's because the avg volume
Posted by aharon on 11th of Jan 2011 at 09:16 pm
That's because the avg volume in quote tracker is 271,489, I don't see anywhere that the number of days used for the average can be modified.
Ok, this is interesting, 271,489
Posted by aharon on 11th of Jan 2011 at 09:27 pm
Ok, this is interesting, 271,489 is the average volume when using td ameritrade as the data feed, when I switch it to interactive brokers the average volume is 393,000 and the volume % is 670%.
Ok, I'm getting 393,000 for
Posted by aharon on 11th of Jan 2011 at 09:36 pm
Ok, I'm getting 393,000 for both data sources now and vol% of 670, must've been a timing/refresh cause for the difference between the two feeds in my case.
could be showing after hrs
Posted by matt on 11th of Jan 2011 at 09:40 pm
could be showing after hrs volume which would make it higher. again I wouldn't worry about it too much, it's just a guideline and it doesn't have to be perfect to be a big help