Entering text into the input field will update the search result below

Axion's Volume Trends

May 08, 2011 8:49 AM ETQ21 Comments
John Petersen profile picture
John Petersen's Blog
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

I frequently refer to volume trends in Axion's stock but believe the charts one usually sees on financial websites are less than informative. Over the years I've found the best way to analyze price and volume on volatile stocks is to focus on longer term moving averages. For volume, my favorite periods are 50-days, 100-days and 200-days. Those periods eliminate the spikes and clarify the trends.

My tracking chart for Axion since January 2008 follows and shows the moving average trading volumes for 50-, 100- and 200-days. 

I've always heard that price follows volume. If that's the case, then the future looks pretty bright.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.