Strong Volume Gainers (MTX,UNFI,MTOX,FXR,CRED)
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.
Minerals Technologies Inc (MTX) is currently trading at $62.4 on volume of 388868. Its 52 week range is between $46.17 and $69.54.
United Natural Foods Inc (UNFI) is currently trading at $51.2 on volume of 1190893. Its 52 week range is between $32.83 and $51.92.
MEDTOX Scientific Inc (MTOX) is currently trading at $26.71 on volume of 800933. Its 52 week range is between $11.64 and $26.88.
First Trust Indust/Producer Dur AlphaDEX (FXR) is currently trading at $17.06.on volume of 550128. Its 52 week range is $13.81 and $19.98.
Credo Petroleum Corp (CRED) is currently trading at $14.38.on volume of 815814. Its 52 week range is between $7.14 and $14.38.
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
- Potential Runners For Monday | iBankCoin.com
- The Earnings Season: "House Of Cards" | ZeroHedge
- Mortgage Standards Are Plunging – It’s Muppet Fleecing Time All Over Again | ZeroHedge
- Frontrunning: April 22 | ZeroHedge
- Has Inflation in the U.S. Bottomed Out? | Financial Sense
- "Faith" In One Chart | ZeroHedge
- Hubris. Greed. Distraction. Denial. | ZeroHedge
The most relevant financial news and articles from the Internets
- ... | StreetInsider.com
- Here's Everything You Need To Know About How Apple And Google... | Business Insider
- 10 Things You Need To Know Before The Opening Bell (DIA, SPY, QQQ, WYNN) | Business Insider
- Netflix Delivers Solid Earnings, The Stock Takes Off (NFLX) | Business Insider
- 15 Things Successful People Do On Monday Mornings | Business Insider
- University Begs Students: 'Please Don't Take... | Business Insider
- The Most Important Cities In The World | Business Insider