I use TC2000, for which I pay an annual fee. There is a measure called "Volume Buzz", which tells you how the volume for a specific point in a day compares to an average value for that stock. For example, you identify what list of stocks you want to scan (SP500, NASDAQ100, all NYSE stocks, all stocks, etc) and add a column to the list called Volume Buzz. You can then sort that list by clicking on the heading "Volume Buzz", and the list will sort by largest to smallest. The ones at the top are the ones the stocks that are the most active at that point in time, based on the stocks historical data. Say you ran a scan of SP500 stocks at 11AM, TC2000 would look at current volume for that time of day compared to the average, and identify the stocks that are the most active as a percentage. The price of the stocks with the highest volume buzz would come to the top of the list, but the price could be rising or falling. You could fine tune a scan to look only at stocks with rising price and high Volume Buzz numbers.
You can also find volatile stocks using other parameters in the TC2000 software. Volatility can be seen on the chart by plotting the Bollinger Bands. When volatility is high, the Bollinger Bands are far apart, and the bands constrict when volatility is low. You can plot a derivative of the Bollinger Bands in a window below the main chart called the Bollinger Bandwidth. The Bollinger Bandwidth chart is a curve that oscillates between 0 and 100, with low numbers corresponding to low volatility and high values corresponding to high volatility. You can add a column to your watchlist that shows the value of the Bollinger Bandwidth for all stocks in the stocks in your list. You can click the column heading for Bollinger Bandwidth to sort for highest to lowest bandwith (or vice versa).
If you are into statistics and math, you will find TC2000 to be an awesome tool. I don't think there is anything more measured than the stock market, and there are many different tools and indicators available to analyze stock movements. If you aren't into statistics and math, you can still use the tool to find fast moving stocks and consolidating stocks. I'm an engineer, so I have a lot of math in my background.
Hi
I have been trying to find the most volatile stocks in the market but have problems. I go to %gainers, losers and volume leader. I have also tried trading at the start of the day and I still have issues find them.
What I mean by volatility: I want stocks that let's say are 20$ and rise to 20.10$ within 30 seconds and then to 20.80$ within two minutes. I sometimes get lucky and find stocks like these that are rapidly rising or falling.
Example: I found a stock the other day, that every time I would try to buy the stock, the price was rising so fast that order had issues getting filled.
Where can I find stocks that are rapidly declining or rising?
Is there a website? A certain time that I should look?
