Free Open Access: Stocks Down 10% or More

TradingMarkets subscribers have access to 16 quantitative stock indicators and another 17 quantitative market bias indicators. These indicators are derived from our proprietary database that includes millions of trades, and designed to give you a short-term trading edge.

There are 8 bullish and 8 bearish stock indicators, providing trading ideas for both rising and falling markets. When used in conjunction with the market bias indicators, traders can potentially achieve a substantial edge.

Each day, we provide free open access to one of these proprietary stock indicators. If you would like to access all 16 stock indicators, 17 market bias indicators, along with many other tools, click here for a free focus list comes from our Stocks Down 10% or More list, which will be available until around 1 PM Monday afternoon.

These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five days have shown positive returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge. To learn more about our research into stocks that have that have lost 10% or more over the past five days, and how to use this information, click here.

Let's take a closer look a chart from the list above. Keep in mind that this is only one example from the indicator list, and that we are not recommending a trade in this particular stock. Traders should always create individual focus lists and radar screens based on their own information and trading strategies, instead of blindly following other people's recommendations.

Spartan Motors (SPAR | Quote | Chart | News | PowerRating)

Spartan Motors (SPAR) is trading well above its 200-day moving average, in a confirmed uptrend. SPAR has literally doubled its price since the beginning of this year, so this stock's recent track record could be considered stellar; this is a strong, uptrending stock. Over the past month, SPAR has lost about 25% of its value, creating a stretched, oversold conditions for this stock's technical indicators. The TradingMarkets mantra is to "buy weakness, and sell strength," and that is exactly what we would be looking to do here. Our database of millions of trades proves that when a strong stock pulls back to extended, weak levels, on average, that stock has made gains over the next five days.

You can find the full list here. Also, Check out our latest quantified research articles here. If you don't already have a TradingMarkets subscription, click here for a free 7-day trial. Check back daily for 7 Trading Ideas for Today, and develop your own watchlist of stocks with historically-backed edges.

John Lee
Associate Editor
johnl@tradingmarkets.com

Reminder: We are in no way recommending the purchase or short sale of these stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions, price patterns and risk; our information is designed to contribute to your understanding.