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
- The Endless Dodge - Why Washington Doesn't Come Clean On The Downing Of MH-17 | ZeroHedge
- The Solar Story Is Just Getting Started | Financial Sense
- Eric Hadik: 'Seismic Shift' Coming for US Dollar, Gold Market | Financial Sense
- What to Expect out of the ECB Meeting on Thursday (Video) | ZeroHedge
- Artist's Impression Of Small Business In Obama's America | ZeroHedge
- Trickle-Down Crash? Trophy Assets Suddenly Tanking | ZeroHedge
- The Ebb and Flow of Inventories | Financial Sense
The most relevant financial news and articles from the Internets
- ERIC HOLDER: Snowden... | Business Insider
- This 69-year-old Polish man is kayaking 3,700-miles from New... | Business Insider
- The fintech industry explained: The trends disrupting the world... | Business Insider
- Apple's Supply-Chain Secret? Hoard Lasers | BusinessWeek
- Erdogan says no Muslim family should use birth control... | Business Insider
- Movie trailers have a new trick to keep you watching — and the people who make them hate it | Business Insider
- Shinzo Abe is trying to 'reignite powerfully the... | Business Insider