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.
Seagate Technology
(
STX |
Quote |
Chart |
News |
PowerRating) & MGM Mirage
(
MGM |
Quote |
Chart |
News |
PowerRating). STX’s PowerRating
(for Traders) is 7, and MGM’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.
H.J. Heinz
(
HNZ |
Quote |
Chart |
News |
PowerRating). HNZ’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.
Parker Hannifin
(
PH |
Quote |
Chart |
News |
PowerRating). PH’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.
China Southern Airlines
(
ZNH |
Quote |
Chart |
News |
PowerRating). ZNH’s PowerRating (for Traders) is
8.
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.
LJ International
(
JADE |
Quote |
Chart |
News |
PowerRating). JADE’s PowerRating (for Traders) is 6.
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.
Pacific Ethanol
(
PEIX |
Quote |
Chart |
News |
PowerRating). PEIX’s PowerRating (for
Traders) is 2.
Go to TradingMarkets.com for Today’s Top 25 Stocks.