This Week’s Best Performing PowerRatings’ Stock: XMSR
Today’s
PowerRatings article looks at the best performing stock for the past five
days:
XM Satellite Radio
(
XMSR |
Quote |
Chart |
News |
PowerRating)
The chart below shows that XMSR had declined in 11 out of 12 days through
the middle of July. Then on 07/26/06 XMSR had a
PowerRating of 8, suggesting it
was likely to outperform the S&P 500 over the next five days (number 1 on the
chart).
This date corresponded with an upturn in the 5-day RSI (number 2 on the chart),
also suggesting a possible turnaround in the stock. Over the next five days XMSR
gained 17.37%.
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Darren Wong
Associate Editor
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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. Controlling risk through the use of protective stops is critical.