This is the daily average of the cumulative trading volume during the last three months.
As an example, the 3 month average volume of Vodafone, admittedly a mega-cap, as of May 15th 2015 was 59,376,983.
Large institutional funds cannot trade in and out of a stock without leaving their footprints, and learning to read the signs in daily and weekly volume is important. If current volumes are higher than previous volumes while price is increasing, it may be a sign of fund accumulation
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