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
Gaps Down 5% or More: These are stocks that gap down by 5% or more
and are trading above their 200-day moving average. Our research shows that
stocks trading above their 200-day moving average that gap down by more than
5% have shown positive returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
NVIDIA Corporation
(
NVDA |
Quote |
Chart |
News |
PowerRating). NVDA’s PowerRating is 5.
Laps Down 5% or More: These are stocks that lap down by 5% or more
and are trading above their 200-day moving average. Our research shows that
stocks trading above their 200-day moving average that lap down by more than
5% have shown positive returns, on average, 1-day, 2-days and 1-week later.
Historically, these stocks have provided traders with a significant edge.
U.S. Global Investments
(
GROW |
Quote |
Chart |
News |
PowerRating).
GROW’s PowerRating is 4.
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. Historically, these stocks have
provided traders with a significant edge.
Station Casinos
(
STN |
Quote |
Chart |
News |
PowerRating).
STN’s PowerRating is 6.
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.
Celanese
(
CE |
Quote |
Chart |
News |
PowerRating).
CE’s PowerRating 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.
AZZ Incorporated
(
AZZ |
Quote |
Chart |
News |
PowerRating). AZZ’s PowerRating is 9.
Bearish
5+ Consecutive Up Days: 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.
Carnival
(
CCL |
Quote |
Chart |
News |
PowerRating). CCL’s PowerRating 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.
Cnet Networks
(
CNET |
Quote |
Chart |
News |
PowerRating). CNET’s PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com
Reminder: We are in no way recommending the purchase or sale of these
options. 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.