StockEagle Study#23 (Trades normalized/1 Minute)          

This study shows the trade frequency in one single minute normalized against
the 20 day trade frequency average of the respective stock.
The trade frequency is the number of trades taking place.
This study shows usually when a whole lineup of stops has been hit
and are executed in rapid sequence makeing the stock now vulnerable to
further drops or rises!

Example:
46.0 IDXC

IDXC has had 46 trades in one single minute! or 46.0%
of its 20 day trading frequency average of 99.85 trades per day.
In other words IDXC had in one single minute half the trades it
usually has in the entire day!

This burst occured at 14:26 New York time
(11:26 local time - examples are taken in California!)

Here is the graph illustrating the burst at 14:26:
leading IDXC from 49 15/16 to 50 5/8 in one minute (1.4% up)
and then closing the rally at 51 1/2 (3.1% up)

This study shows the result reached as percentage of the 20 day trade frequency average.

Note that the trade database has to be current to show the correct result.
To check the closing price.see Symbol Info

To see the details of any entry in this study simply click on the symbol and
select "Display Details" from the PopUp menu
(see Show Event Detail for more information)