The abnormal volume scan allows investors to search for specific stocks that have recently traded substantially higher volumes than their 90 day average trading volume. This scan checks all stocks and calculates how their last trading day’s volume compares to the stock’s recent volume history and displays the stocks with the highest percentage deviation from the norm. Outside of the ability to pick stocks based on volume breakouts, investors are also able to filter results by exchange, price and volume.
More information on Abnormal Volume Scan:
The abnormal volume scan will allow investors to pinpoint which companies have unusual or abnormal trading volumes as volume is typically a leading indicator of price movement. Abnormal volume usually occurs as a result of a fundamental event such as a Company press release but can also occur as a result of a major news story on the company or the Company’s industry gets spotlighted. Other reasons for spikes in volume would be technical analysis traders picking up on some type of technical event that brings in plenty of liquidity into a stock as well as large Company buybacks, major investors purchasing stock in a particular company and much more.
Following this scan will allow investors to quickly and easily know which Companies should be watched closely and react to the abnormal volume on a case by case basis accordingly.
Any questions can be directed to general@allpennystocks.com. We hope you enjoy this scan and also be sure to take a look at all the other AllPennyStocks.com Pro Scans available daily to AllPennyStocks.com Pro members and one day a week to regular AllPennyStocks.com visitors.
