Free Open Access: 5+ Consecutive Lower Lows
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
5+ Consecutive Lower Lows list, which will be available until around 1 PM
Monday afternoon.
These are stocks that have made a lower low 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 make lower lows 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. To learn more about our research into stocks that make five or
more consecutive lower lows, 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.
Diamonds Trust
(
DIA |
Quote |
Chart |
News |
PowerRating)
The Diamond Index (DIA), which follows the Dow Jones Industrials, made
5 consecutive new lows in a row. A quick glance at the DIA chart confirms that
the index and its proxy are trading well above the 200-day moving average. DIA
has gained more over the last 200 days than it has lost, and this creates a
technically-sound winner. The TradingMarkets mantra is to “buy weakness, and
sell strength,” and that’s what we would be looking to do here. When you see a
strong, uptrending stock pull back to extended, weak levels, historically, those
stocks have gained, on average, over the next 5 trading 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
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.