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
- S&P Rallies To First 5-Day Streak In 6 Months On No Volume | ZeroHedge
- Is The US Military Preparing For The Collapse Of The Dollar? | ZeroHedge
- Does the U.S. Have the Highest Corporate Tax Rates in the World? | Financial Sense
- Ukraine Military Plane Hit By Gunfire Over Pro-Russia Held Slavyansk | ZeroHedge
- A Few Ideas For Wednesday | iBankCoin.com
- CUE PANIC BUYING | iBankCoin.com
- 5 Reasons for a Q2 Decline in U.S. Interest Rates | Financial Sense
The most relevant financial news and articles from the Internets
- E-COMMERCE INSIDER: Target... | Business Insider
- Bill Gates Just Tweeted This Vaccine Graphic You Have To See | Business Insider
- Unusual 11 Mid-... | StreetInsider.com
- Apple's 5.5-Inch iPhone 6 May Be Pushed Back To 2015 | Business Insider
- VIDEO INSIDER: Aereo In Court — Netflix... | Business Insider
- McDonald's Is Rebuilding Kitchens To Look More Like Chipotle | Business Insider
- SOCIAL INSIDER: Facebook Ad Performance... | Business Insider