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
- EUR Jumps And Dumps, Stocks Slide As Draghi Suggests Nothing Lasts Forever | ZeroHedge
- Futures Drop As ECB Confusion Persists, Dollar Rises To Seven Month High; Yuan Plunges | ZeroHedge
- Memo To President Trump Or Clinton: The Gold Standard Made America Both Good & Great | ZeroHedge
- Hillary Allies Think The Race Is Over As Trump Declares Himself The Debate Winner | ZeroHedge
- Watch Trump & Clinton Roast Each Other At The Al Smith Dinner - Live Feed | ZeroHedge
- "We Should See Massive Fed Intervention" - What Tudor Jones Said 29 Years Ago After Black Monday Crash | ZeroHedge
- Conference Board Leading Economic Index Increased in September | Financial Sense
The most relevant financial news and articles from the Internets
- A 34-year-old trader at Goldman Sachs made a $100 million profit — and he... | Business Insider
- A top Hillary Clinton campaign aide called Bernie Sanders a '... | Business Insider
- The ‘Netflix of China’ just barged into the US with two high-value smartphones | Business Insider
- Here's how Canada's economy has fared during Trudeau's first... | Business Insider
- In less than a week, North Korea carries out a second failed missile launch | Business Insider
- Tesla cars are getting a powerful new brain to be able to drive themselves (TSLA... | Business Insider
- Trump and Clinton offered virtually no plans to reduce the... | Business Insider