A volume moving average expresses many things....there is absolutely no published awareness of the proper meaning, because its purely systemic intent applied to purpose that is deduced from these numbers.
compare the data below with Bank America and its multi billion share float.(go ahead run the monthly vol price data)....total shares of the company profiled below are below 20 million...it matters not the stock, but the lesson.
Compare the action over time and the relative space between its H to L in allotted time.
Inertia becomes the sum characterised value in a sideways negative trending trade, always.
ALL Volume is a measure of uncertainty, based on the uneven distribution of knowlede of news, and awareness of company internals, prograqm trade committments, broker dealer contracts & quotas, etc. A system is only as good as its sensory organs.
It is readily present to assist those wishing to liquidate ( distribute), or seemingly it disappears when all liquidation has been derived....the below offered history is a valuable lesson in the artifact Price.some lessons like this one, are a thing of beauty.
PRICES & Volume (monthly history)contains the highs and the lows......all of it, obfuscation to trend following.
Present situation, No market prices, rubiks applied, the story is what it is, and its all here for the asking. eat at the trough, as those who did the deed are crosshaired. Pay attention to the range of price per month, short interest corresponds beautifully to the picture....with no locate counter fitting...an active part of this program.
Date Open High Low Close Avg Vol Adj Close*
Jan-09 7.98 8.27 5.81 6.54 30,200 6.54
Dec-08 7.03 8.78 5.42 7.94 57,200 7.94
Nov-08 10.94 11.67 5.85 7.25 55,100 7.25
Oct-08 13.83 14.32 6.84 10.87 74,100 10.87
Sep-08 12.28 17.94 11.06 14.25 78,900 14.25
Aug-08 12.22 14.97 9.52 12.22 58,300 12.22
Jul-08 9.50 12.74 8.07 12.16 57,100 12.16
Jun-08 9.15 11.92 8.75 9.50 87,600 9.50
May-08 15.56 15.93 8.25 9.16 169,000 9.16
Apr-08 14.88 15.95 13.41 15.19 54,600 15.19
Mar-08 14.47 16.29 11.51 14.69 114,100 14.69
Feb-08 14.13 16.69 13.45 14.46 115,300 14.46
Jan-08 15.38 15.59 11.60 14.05 136,600 14.05
Dec-07 17.66 18.28 14.83 15.44 84,500 15.44
Nov-07 21.99 21.99 17.13 17.57 119,900 17.57
Oct-07 23.57 24.99 19.99 21.89 62,800 21.89
Sep-07 20.03 25.10 19.70 23.62 86,600 23.62
Aug-07 20.36 26.20 19.40 20.04 161,600 20.04
Jul-07 24.93 26.20 19.35 20.38 122,000 20.38 |
