5 PowerRatings Stocks for the Next 5 Days: SWM, SGP, MYL, JJSF, IVN
A one-day sell-off in the S&P 500 and Nasdaq Composite has pushed both into oversold territory below the 200-day moving average.
Although the profit-taking has been significant in a number of sectors, such as financials, there remains enough upward momentum to stocks to limit the number of higher PowerRatings stocks from which to choose. Of our Top 25 PowerRatings Stocks, only 9 have PowerRatings of 8 or higher.
That said, all 9 of those stocks are trading above their 200-day moving averages and have pulled back significantly over the past few days. These pullbacks above the 200-day helped bring the PowerRatings of these stocks into the range where short term traders can begin considering them for potential upside. These opportunities, according to our research, are all the more attractive should these stocks pull back further above the 200-day moving average.
To learn more about how to trade high PowerRatings stocks, click here: How to Find the Best Stocks to Trade Every Day.
All of the five stocks in today’s report have Short Term PowerRatings of 8. Our research indicates that stocks with PowerRatings of 8 have outperformed the average stock by a margin of more than 8 to 1 after five days.
Schweitzer-Mauduit International
(
SWM |
Quote |
Chart |
News |
PowerRating) RSI(2): 5.64
Allergan Inc.
(
AGN |
Quote |
Chart |
News |
PowerRating) RSI(2): 3.70
Mylan Inc.
(
MYL |
Quote |
Chart |
News |
PowerRating) RSI(2): 14.32
J&J Snack Foods Corporation
(
JJSF |
Quote |
Chart |
News |
PowerRating) RSI(2): 5.17
Ivanhoe Mines Ltd.
(
IVN |
Quote |
Chart |
News |
PowerRating) RSI(2): 12.77
Our highest Short Term PowerRatings stocks have outperformed the average stock by a margin of nearly 17 to 1 after five days. Click here to start your free, 7-day trial to our Short Term PowerRatings!