StockFetcher Forums · Filter Exchange · High Volume on June 26, 2009<< >>Post Follow-up
trendscanner
265 posts
msg #76312
Ignore trendscanner
7/10/2009 9:23:21 PM

In reviewing many stock charts over the past week or so, I've noticed that hundreds of stocks, including many that I'm interested in (mainly smaller cap stocks) had unusually high volume on Friday, June 26, although the overall volume on the SP500 wasn't particularly high that day. In many cases, the volume was higher than average by a factor of 8 to 10. Yet for most stocks, price didn't change that much.

The following scan can be run to show what I'm referring to.

Shows stocks where the volume gained more than 600 percent over the average volume(30)
and close is between 1 and 250
and average volume(30) is above 30000
and offset 9 days

Note: the 9 day offset works for today (July 10). If you run this on a different day, you'll need to adjust the offset period to hit June 26. Running it for other days shows that typically only a few dozens of stocks have that much higher volume.

I'm wondering whether anyone has any ideas as to why there was so much volume on these stocks on June 26 or what the implications might be for so much high volume. I know it was near the end of the quarter but other ends of the quarter haven't produced that much higher volume.

13th_floor
724 posts
msg #76314
Ignore 13th_floor
7/10/2009 9:47:13 PM

Russell Index rebalance
and use offset 6/26/09 to avoid the offset # of day problem

chetron
2,817 posts
msg #76315
Ignore chetron
7/10/2009 10:05:37 PM

clickable....


Fetcher[
Shows stocks where the volume gained more than 600 percent over the average volume(30)
close is between 1 and 250
average volume(30) is above 30000

/* Russell Index rebalance */
offset 6/26/09
]



trendscanner
265 posts
msg #76316
Ignore trendscanner
7/10/2009 10:19:45 PM

Hey, thanks for the info!

And the clickable scan!

Eman93
4,659 posts
msg #76340
Ignore Eman93
modified
7/12/2009 3:24:35 PM

good artical.....as always I was too late to take advantage of this event.....

http://evcgroup.com/EnhancingValuation/?p=16

StockFetcher Forums · Filter Exchange · High Volume on June 26, 2009<< >>Post Follow-up

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