Friday, May 31, 2013

The Price/Volume Heat Map.

This is something I am looking at in my free time. I am still working out the kinks and how I want to present it, but I thought this was a decent first draft. This comes from my belief that the stock market heatmaps are useful tools that display a lot of information in an easy infographic. However, I have always found the heatmaps use of just the price change as a major shortcoming.

To correct for this, I created the below heatmap including volume changes. More specifically, the relative strength in volume. Dark blue and blue indicate price and volume strength while red and dark red indicate weakness. White indicates relatively no change.

The chart is for the 5/30 trading day.


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