Strong Volume Gainers (IYY,DKS,DFG,OPNT,GOLF)
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.
iShares Dow Jones U.S. Index (IYY) is currently trading at $67.36 on volume of 244414. Its 52 week range is between $53.52 and $71.49.
Dick's Sporting Goods Inc (DKS) is currently trading at $51.16 on volume of 5842760. Its 52 week range is between $29.1 and $51.58.
Delphi Financial Group Inc (DFG) is currently trading at $45.51 on volume of 2510788. Its 52 week range is between $20.04 and $45.55.
OPNET Technologies Inc (OPNT) is currently trading at $27.1.on volume of 945695. Its 52 week range is $22.08 and $47.97.
Golfsmith International Holdings Inc (GOLF) is currently trading at $6.05.on volume of 244933. Its 52 week range is between $2.44 and $6.35.
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
- Senior Bankers Warn: ‘It’s Crazy, It’s a Boom, It’s a Gold Rush’ | ZeroHedge
- The Immigration Scandal For Dummies | ZeroHedge
- Currency Wars - Europe Seeks Alternative To 'Dollar Imperialism' | ZeroHedge
- America - Before & After (In 1 Cartoon) | ZeroHedge
- Why Killing The Ex-Im Bank Is Crucial To The Future Of Capitalism | ZeroHedge
- The Difference Between A Good And A Bad Trader: What Brain Imaging Reveals | ZeroHedge
- Guest Post: GUNS: The Good, The Bad, And The Ugly | ZeroHedge
The most relevant financial news and articles from the Internets
- The RNC Nailed It: Here Are 11 Reasons Why Ohio Is The Best State In The US | Business Insider
- Kickstarter Is Getting Flooded With Potato Salad Knockoffs After One Guy Made Over $... | Business Insider
- Yahoo!'s Alibaba Cash Could Trigger a Buying Binge in Tech | TheStreet.com
- Economists Are Running Out Of Ways To Describe How Bad It Is In France | Business Insider
- TED CRUZ: We Need An Investigation Into The '... | Business Insider
- Mobile, Video, And Real-Time Bidding Are... | Business Insider
- 9 Of The Craziest Things Founders Have Done To Make... | Business Insider