Average Volume

Average Volume displays a robust day-cumulative, specific-bar-historical, or customizable rolling periodic volume average — in either absolute (raw data) or relative (easy comparison) mode. Works across any intraday chart length and/or timeframe, with or without premarket data shown!   Each method (Day, Bar, Period and Dollar/Percent) includes display options for both absolute (plotting raw volume data and associated average) and relative (expressing the current-vs-average relationship as a ratio or percent).   • Day Cumulative compares current total volume to historical average total volume at the same time of day, and is perhaps the most identifiable of volume averaging approaches.  This is critical in determining a fair, apples-to-apples comparison of the day’s true average volume, as commonly traders make a mistake in comparing a stock’s current volume to the end-of-day average.  (ex: say it’s 11:03am — Day Cumulative displays the average volume of recent days only up to 11:03a