TradingMarkets 7 Trading Ideas for Today
Here are 7 trading ideas for today. These lists come directly from the
TradingMarkets Stock Indicators page and are 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.
Sigma Designs
(
SIGM |
Quote |
Chart |
News |
PowerRating). SIGM’s PowerRating (for Traders) is 9.
5+ Consecutive Lower Lows: 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.
J2 Global Communications
(
JCOM |
Quote |
Chart |
News |
PowerRating). JCOM’s PowerRating (for
Traders) is 6.
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.
Interoil Corporation
(
IOC |
Quote |
Chart |
News |
PowerRating). IOC’s PowerRating (for Traders) is
7.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and
are trading below their 200-day moving average. Our research shows that stocks
trading below their 200-day moving average that lap up by more than 5% have
shown negative returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
SLM Corporation
(
SLM |
Quote |
Chart |
News |
PowerRating). SLM’s PowerRating (for Traders) is 4.
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.
Advanced Medical Optics
(
EYE |
Quote |
Chart |
News |
PowerRating). EYE’s PowerRating (for Traders)
is 2.
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.
LSI Corporation
(
LSI |
Quote |
Chart |
News |
PowerRating). LSI’s PowerRating (for Traders) is 3.
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.
NYSE Euronext
(
NYX |
Quote |
Chart |
News |
PowerRating). NYX’s PowerRating (for Traders) is 3.
Go to TradingMarkets.com for Today’s Top 25 Stocks.