PowerRatings Heat Map Focus: Transportation
Today’s
PowerRatings Heat Map article will focus on the Transportation sector.Â
This is one of the many sectors with low PowerRatings stocks. Each square
contains one stock symbol and is color-coded by it’s PowerRatings number. Stocks with high PowerRatings (8 or higher) have been
historically proven to outperform the S&P 500 over the next 5 sessions by up to
a 14.7 to 1 margin. Low PowerRatings have been shown to underperform the
S&P 500 over the next 5 days. These stocks should be put on a list of stocks
to avoid. More aggressive traders may want to keep an eye on these stocks
for a potential short entry.
With
PowerRatings Heat Maps we can quickly look at the market as a whole and see
where our historical edges are or we can zoom in on a particular sector for a
deeper look. Here we have a close up of the
Transportation sector:
We will look at daily charts of low PowerRated stocks in this
sector, which should be avoided or shorted if you are a more aggressive trader.Â
UTI Worldwide
(
UTIW |
Quote |
Chart |
News |
PowerRating)
Supply chain service company UTI Worldwide
(
UTIW |
Quote |
Chart |
News |
PowerRating) has a low PowerRating
of 3. This tells us that buying this stock carries greater risk, especially
since it has ran over 11% in the last 2 weeks.
TBS International
(
TBSI |
Quote |
Chart |
News |
PowerRating)
Ocean transport company TBS International
(
TBSI |
Quote |
Chart |
News |
PowerRating) has a
PowerRating of 2, showing that it may consolidate or move lower in the short
term. TBSI has ran up 16.5% over the last 5 sessions.
EGL Inc.
(
EAGL |
Quote |
Chart |
News |
PowerRating)
S&P 600 SmallCap member EGL Inc. has the lowest PowerRating of 1.Â
For those aggressive traders who like to short, this stock should be on your
watch list for a potential entry.
If you would like to attend a free class which covers this
research and strategy further, please
click here
for the calendar of the upcoming online classes. Topics
covered include our latest research on
entries and exits, and
how to use PowerRatings with our new
Preferred Stock List.
For a free PowerRatings trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.
Darren Wong
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.