It's from DDAmanda. Shows the $Traded each day, plus vol, high, low, close.
Also shows the Factor, which is a proprietary indicator found nowhere else, and is defined as Today's $Traded divided by the Avg $Traded/day (20 Day Avg).
i.e. the 37 Factor on 11-16 on SHMP means she traded 37 Times the $ she normally trades. On the scan this showed up and alerted this...and further DD then showed how SHMP would be a great buy.....and it turned out that it was...except she got hammered with conv shares which dropped the price.
On most stocks with this much of an increase, the stock will run hard.
You can use the Factor in the scanner to find stocks with unusual activity.....which is better than just going by the %Increase, or Volume.
Volume is pretty much meaningless unless you combine it with the stock price.
Hope that helps.......
z
Also shows the Factor, which is a proprietary indicator found nowhere else, and is defined as Today's $Traded divided by the Avg $Traded/day (20 Day Avg).
i.e. the 37 Factor on 11-16 on SHMP means she traded 37 Times the $ she normally trades. On the scan this showed up and alerted this...and further DD then showed how SHMP would be a great buy.....and it turned out that it was...except she got hammered with conv shares which dropped the price.
On most stocks with this much of an increase, the stock will run hard.
You can use the Factor in the scanner to find stocks with unusual activity.....which is better than just going by the %Increase, or Volume.
Volume is pretty much meaningless unless you combine it with the stock price.
Hope that helps.......
z
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