Strong Volume

Table of Contents

Understanding the Strong Volume Alert

This alert appears when a stock is trading on significantly higher volume than normal. Normal volume is based on the average total volume of the stock on several recent days. Current volume is the volume between midnight and the current time. This alert is similar to the High Relative Volume alert, listed above. High Relative Volume is much more precise, looking at only the recent volume today, and comparing it to the normal volume for this time of day. This alert is better at finding stocks which are trading much, much more than normal.

Default Settings

By default, the Strong Volume alert can appear multiple times for a stock. If, in the course of a day, a stock trades a total of 3 1/2 times its average volume, the stock will generate 3 alerts. The first alert will occur when the stock's volume first gets to its daily average. The second alert will occur when the stock's volume gets to twice the daily average. An additional alert is generated each time the current volume crosses another integer multiple of the average volume.

Stock with Strong Volume

Scan with Strong Volume Alert

Custom Settings

For 'Strong Volume' alerts, you have the option to use an alert specific filter. This filter is located immediately to the right of the corresponding alert and is always optional. You can decide to leave it blank if you want to receive more alerts, or you can fill it in to restrict the number of alerts you receive. This filter allows you to specify the quality of the alert. When you set a higher number for this filter, you are telling the alerts server to display only alerts that meet a higher quality standard, resulting in fewer alerts being shown.

When setting an alert for 'Strong Volume', the user can set minimum standards, above those built into the alerts server. Each time the server reports an alert, it divides the current value of the property by the historical value for the property. The user can specify a minimum value for this ratio.

Strong Volume Alert Custom Settings

Description Column

The description of the alert will report how much above its average daily volume the stock is trading at.

Strong Volume Description

Quality Column

The quality value on a scan using the "Strong Volume" is a multiple of the average daily volume.

Strong Volume Quality

Alert Info for Strong Volume [SV]

  • description = Strong volume
  • direction =
  • keywords =
  • flip_code =
  • parent_code =