Strong Volume Gainers (GIII,DMAN,AFFY,ORCH,PSUN)
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.
G-III Apparel Group Ltd (GIII) is currently trading at $24.53 on volume of 1,595,360. Its 52 week range is between $17.31 and $45.38.
DemandTec Inc (DMAN) is currently trading at $13.15 on volume of 33,630,280. Its 52 week range is between $5.41 and $14.08.
Affymax Inc (AFFY) is currently trading at $8.08 on volume of 17,655,668. Its 52 week range is between $3.93 and $8.5.
Orchid Cellmark Inc (ORCH) is currently trading at $2.79.on volume of 224,356. Its 52 week range is $1.58 and $2.81.
Pacific Sunwear of California Inc (PSUN) is currently trading at $1.64.on volume of 5,064,209. Its 52 week range is between $1.11 and $6.2.
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
- Bitcoin and Gold – Outlook and Safe Haven? | ZeroHedge
- Why Big Oil Is Unprepared for the Coming Energy War | Financial Sense
- 2017 Will Be An Important Year For The Currency Wars | ZeroHedge
- French Socialist Primary Winner Proposes Tax On Robots, Universal Income, Right Of Foreigners To Vote | ZeroHedge
- Raoul Pal Warns The Day Of Reckoning Looms For VIX Shorts: "Reminds Me Of Portfolio Insurance In 1987" | ZeroHedge
- The Oil Production Cuts Are Purely Symbolic Marketing Trickery (Video) | ZeroHedge
- The Six Stages Of Democrat Grief Are Complete | ZeroHedge
The most relevant financial news and articles from the Internets
- Ethics watchdog group files first major lawsuit against Trump in... | Business Insider
- Saudi Arabia is very optimistic about Trump | Business Insider
- These 30-something school teachers retired with over $1 million after only... | Business Insider
- Sundance vets Elijah Wood... | Business Insider
- All anyone could talk about at the premier conference of global elites was the man who wasn't... | Business Insider
- What you need to know on Wall Street right now | Business Insider
- One of Silicon Valley's biggest VCs just launched a site tracking everything Trump... | Business Insider