The premise of real-time monitoring on abnormal stock price volatility of listed companies is the real-time detection. As the wavelet analysis has the good spatial locality in dealing with non-stable signal, in this paper, we established a method of using wavelet analysis to detect the abnormal stock price signal, which has been through db5 wavelet de-nosing. The test results of target companies showed that wavelet analysis is practical in the detection of abnormal stock price volatility.