TradingMarkets 7 Trading Ideas for Today
Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is 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.
Kendle International
(
KNDL |
Quote |
Chart |
News |
PowerRating). KNDL’s PowerRating (for
Traders) is 7.
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.
Horizon Lines
(
HRZ |
Quote |
Chart |
News |
PowerRating). HRZ’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.
National Instruments
(
NATI |
Quote |
Chart |
News |
PowerRating) .
NATI’s PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more
over the past five days and are trading above their 200-day moving average. Our
research shows that stocks trading above their 200-day moving average that have
lost 10% or more over the past five 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.
Immucor
(
BLUD |
Quote |
Chart |
News |
PowerRating). BLUD’s PowerRating (for Traders) is 7.
Bearish
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.
Countrywide Financial
(
CFC |
Quote |
Chart |
News |
PowerRating) & Lennary
(
LEN |
Quote |
Chart |
News |
PowerRating).
CFC’s PowerRating (for Traders) is 4, and LEN’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.
Abbot Laboratories
(
ABT |
Quote |
Chart |
News |
PowerRating).
ABT’s PowerRating (for Traders) is 4.
Go to TradingMarkets.com for Today’s Top 25 Stocks.