TradingMarkets 7 Trading Ideas for Today
Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
5+ Consecutive Down Days: These are stocks that have closed down for
five or more consecutive days and are trading above their 200-day moving
average. Our research shows that stocks trading above their 200-day moving
average that close down for five or more days have shown positive returns, on
average, 1-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
Taser International
(
TASR |
Quote |
Chart |
News |
PowerRating). TASR’s PowerRating (for
Traders) is 9.
2-Period RSI Below 2: These are stocks that have a 2-period RSI
reading below 2 and are trading above their 200-day moving average. Our research
shows that stocks trading above their 200-day moving with a 2-period RSI reading
below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
Inverness Medical Technology
(
IMA |
Quote |
Chart |
News |
PowerRating). IMA’s PowerRating
(for Traders) is 7.
Stocks Down 10% or More: 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-day, 2-days and 1-week later. Historically, these stocks have
provided traders with a significant edge.
Amazon.com
(
AMZN |
Quote |
Chart |
News |
PowerRating) & Illumina
(
ILMN |
Quote |
Chart |
News |
PowerRating). AMZN’s PowerRating
(for Traders) is 6, and ILMN’s PowerRating (for Traders) is 6.
Bearish
5+ Consecutive Up Days: These are stocks that have closed up for five
or more consecutive days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that close
up for five or more days have shown negative returns, on average, 1-week later.
Historically, these stocks have provided traders with a significant edge.
Autozone
(
AZO |
Quote |
Chart |
News |
PowerRating). AZO’s PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher
high for five or more consecutive days and are trading below their 200-day
moving average. Our research shows that stocks trading below their 200-day
moving average that make higher highs for five or more days have shown negative
returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks
have provided traders with a significant edge.
JM Smucker
(
SJM |
Quote |
Chart |
News |
PowerRating). SJM’s PowerRating (for Traders) is 4.
Stocks Up 10% or More: These are stocks that have gained 10% or more
over the past five days and are trading below their 200-day moving average. Our
research shows that stocks trading below their 200-day moving average that have
gained 10% or more over the past five days have shown negative returns, on
average, 1-week later. Historically, these stocks have provided traders with a
significant edge.
Beazer Homes
(
BZH |
Quote |
Chart |
News |
PowerRating). BZH’s PowerRating (for Traders) is
3.
Go to TradingMarkets.com for Today’s Top 25 Stocks.