Strong Volume Gainers (CLDT,NFBK,NFP,PNFP)
What's a Strong Volume Gainer?
A strong volume gainer is when volume is four times greater than the 20-day SMA and is above yesterday's close.
Higher volume many times offers profits from mathematical correlation speculating, arbitraging takeover attempts or mean reversion trading.Looking to trade strong volume gainers? Look no further, the Masters have you covered. Out of a multitude of stocks, here are our top 5 picks.
Chatham Lodging Trust (CLDT) is currently trading at $18.34 on volume of 445,696. Its 52 week range is between $11.71 and $18.17. The chart is a thing of beauty.
Northfield Bancorp Inc (NFBK) is currently trading at $11.49 on volume of 1,778,952. Its 52 week range is between $11.14 and $16.4.
National Financial Partners Corp (NFP) is currently trading at $25.15 on volume of 4,757,358. Its 52 week range is between $12.54 and $25.07.
Pinnacle Financial Partners Inc (PNFP) is currently trading at $24.45 on volume of 495,359. Its 52 week range is $16.43 and $23.94.
MASTERY Bottom line:
A stock moving up in price on higher than normal volume indicates strong buying conviction that could carry the stock even higher. A stock headed lower on big volume increases could signal strong selling pressure and an emerging downward trend. However, while it is easy to find a system that has worked well in the past, there's no guarantee that it will work in the future..
Best of the Blogs
Scanning and identifying the best blog entries every hour
- After Arresting Hundreds Of Stock Traders, China Cracks Down On "Malicious" Metals Sellers Next | ZeroHedge
- Kiss Christmas Goodbye | ZeroHedge
- Global Stocks Rise; US Traders Gives Thanks For Higher Equity Futures | ZeroHedge
- Who Said It? "A Short-Term Border Violation Can Never Be A Pretext For An Attack" | ZeroHedge
- CEO Of Brazil's "Goldman Sachs" Is Arrested | ZeroHedge
- THaNKSGiViNG 2015... | ZeroHedge
- ISIS Releases "Greatest" Piece Of Terrorist Video Propaganda In History, Tells US, Russia To "Bring It On" | ZeroHedge
The most relevant financial news and articles from the Internets
- Inside the dog-filled... | Business Insider
- New York reassures tourists after terror threat | Business Insider
- Lawmakers: Agency not doing enough against dengue fever | Business Insider
- 9 crazy math facts that people refuse to believe are true | Business Insider
- These are the 25 best beers in the world according to beer lovers | Business Insider
- Russia halting gas supplies to Ukraine | Business Insider
- Amazon's Hit Man | BusinessWeek