Strong Volume Gainers (FLOT,IDCC,ELT,XG,KID)
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 Floating Rate Note (FLOT) is currently trading at $49.99 on volume of 901261. Its 52 week range is between $48.6 and $51.02.
InterDigital Inc (IDCC) is currently trading at $29.56 on volume of 3635547. Its 52 week range is between $22.37 and $82.5.
Elster Group SE (ELT) is currently trading at $19.25 on volume of 1788824. Its 52 week range is between $11.52 and $17.74.
Extorre Gold Mines Ltd (XG) is currently trading at $4.1.on volume of 6926841. Its 52 week range is $2.15 and $15.42.
Kid Brands Inc (KID) is currently trading at $2.02.on volume of 383519. Its 52 week range is between $1.81 and $5.4.
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
- A Trade War Is in No One's Interest | Financial Sense
- United Airlines Lifts Nationwide Ground-Stop After IT "Glitch" | ZeroHedge
- US Manufacturing PMI Near 3-Year Highs As Input Costs Soar Most In 28 Months | ZeroHedge
- US Banks: Higher Rates Vs. Weaker Loan Growth | Financial Sense
- As China Slaps Fees On Bitcoin Trades, Japan Monthly Volumes Soar by 8,900% | ZeroHedge
- The Myth Of The "Passive Indexing" Revolution | ZeroHedge
- What are some of the dark lessons that life showed you? | Altucher Confidential
The most relevant financial news and articles from the Internets
- The key to making new habits stick | Business Insider
- The real problem with a job on Wall Street right now | Business Insider
- The 10 things in advertising you need to know today | Business Insider
- Here are the countries with the biggest debt slaves | Business Insider
- Trump: Phone call with Israel's Netanyahu was 'very... | Business Insider
- Amazon is the first streaming service in history to get a 'Best Picture... | Business Insider
- Aaron Rodgers' signature Hail Mary fell flat at a horrible time as... | Business Insider