definitely volumeEMA x (moving average)if you refer to this...

definitely

volumeEMA x (moving average)


if you refer to this link.

http://finance.yahoo.com/echarts?s=CNP.AX&t=1d#chart1:symbol=CNP.AX;range=6m;indicator=ema(5,20,40)+stochasticslow+volumema(40);charttype=candlestick;crosshair=on;ohlcvalues=0;logscale=off;source=undefined

The link will show that the volumeEMA is around 24.4M and 5EMA = 0.31 on the 25 th Sept.

EMA = Exponential Moving avg of close price. I use 5 days.
VolumeEMA =Exponential Moving avg of volume. i use 40 days.


Below is a query for Price Vol spikes of the 25 th.

The column AD100 is something i made up. Its suppose to be the avg daily amount in dollars.
The 100 is to remind me that 100K is a good threshold to apply.
And is calcualated by AD100 = 5EMA * VolEMA
Therefore aly = 0.6013033 * 1418442 = 852914

SecurityCode AD100 CL 5EMA VolEMA
-------------- -------- ------- ----------- ---------
aly 852914 0.73 0.6013033 1418442
cnp 7578127 0.38 0.3108996 24374839
cxy 825776 0.11 0.09938857 8308563
iva 632761 3.71 3.505032 180529
rhg 653224 0.635 0.5940082 1099689
sar 477285 0.32 0.2999236 1591356