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.
National Instruments
(
NATI |
Quote |
Chart |
News |
PowerRating).
NATI’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.
WD-40 Company
(
WDFC |
Quote |
Chart |
News |
PowerRating). WDFC’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.
Fuelcell Energy
(
FCEL |
Quote |
Chart |
News |
PowerRating). FCEL’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.
Pride International
(
PDE |
Quote |
Chart |
News |
PowerRating). PDE’s PowerRating (for Traders) is 3.
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.
Cablevision
(
CVC |
Quote |
Chart |
News |
PowerRating) & Vail Resorts
(
MTN |
Quote |
Chart |
News |
PowerRating).
CVC’s
PowerRating (for Traders) is 4, and MTN’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.
Red Hat
(
RHT |
Quote |
Chart |
News |
PowerRating).
RHT’s PowerRating (for Traders) is 3.
Go to TradingMarkets.com for Today’s Top 25 Stocks.