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
- Is Britain Destroying Its Military To Appease Enemies? | ZeroHedge
- German Police Conduct 13 Anti-Terrorism Raids Across 5 States Citing "Imminent Terror Threat" | ZeroHedge
- Trump Unexpectedly Regains Florida Lead In Latest Bloomberg Poll; Peso Slides | ZeroHedge
- Stocks Stall As Oil Retraces Inventory Spike, Tumbles To $48 Handle | ZeroHedge
- Largest Dow Component 3M Reports In Line Earnings, Cuts Top End Of Guidance | ZeroHedge
- Project Veritas 4: Robert Creamer's Illegal $20,000 Foreign Wire Transfer Caught On Tape | ZeroHedge
- The Big Four Economic Indicators: Industrial Production Rises Slightly | Financial Sense
The most relevant financial news and articles from the Internets
- New evidence suggests a quarter of the... | Business Insider
- Apple is working on its car in Canada (AAPL) | Business Insider
- Pick up a sharp leather watch for under $100 — and more of today's best... | Business Insider
- 2 Moscow airport workers involved in a plane crash that killed the CEO... | Business Insider
- 27 books that can change your life forever, according to my coworkers | Business Insider
- Hotel workers reveal the things they never tell guests | Business Insider
- When you tell small, selfish lies, you train your brain to tell big lies | Business Insider