Strong Volume Gainers (WRC,JDAS,AMAG,WMCO,PERI)
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.
Warnaco Group Inc (WRC) is currently trading at $70.89 on volume of 4,690,614. Its 52 week range is between $39.19 and $71.41.
JDA Software Group Inc (JDAS) is currently trading at $44.78 on volume of 21,795,084. Its 52 week range is between $23.95 and $38.20.
Amag Pharmaceuticals Inc (AMAG) is currently trading at $16.56 on volume of 234,262. Its 52 week range is between $12.43 and $19.62.
Williams Controls Inc (WMCO) is currently trading at $15.43 on volume of 842,954. Its 52 week range is $10.25 and $12.95.
Perion Network Ltd (PERI) is currently trading at $7.80 on volume of 261,354. Its 52 week range is between $3.45 and $7.68.
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
- Brexit "Do Over" Petition Exposed As A Scam... | ZeroHedge
- Previewing Today's Main Event: David Cameron Arrives In Brussels | ZeroHedge
- Germany Just Blew Up Italy's Bank Bailout Plan | ZeroHedge
- Teachers Unions Vs Hedge Funds: The Battle Over Billions | ZeroHedge
- US Shale Producers Just Won Their Biggest Legal Case in Years | Financial Sense
- April Spending Exuberance Plunges Back To Earth In May As Income Growth Slows | ZeroHedge
- In Gold We Trust, 2016 Edition | ZeroHedge
The most relevant financial news and articles from the Internets
- Kroger joins Walmart, Home Depot in suing Visa (KR, V, MA, WMT, HD) | Business Insider
- Virginia Town is Best Place in the U.S. to Raise Kids | BusinessWeek
- 11 ways to run your side hustle without losing your mind | Business Insider
- China might be trying to militarize space | Business Insider
- Customer service experiences are more... | Business Insider
- LinkedIn launches programmatic buying for display ads (MSFT, LNKD... | Business Insider
- The world's 25 most fragile states | Business Insider