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.
Covance
(
CVD |
Quote |
Chart |
News |
PowerRating) & Ultra Petroleum
(
UPL |
Quote |
Chart |
News |
PowerRating).
CVD’s PowerRating (for Traders) is
7, and UPL’s PowerRating (for Traders) is 8.
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.
Ecolab
(
ECL |
Quote |
Chart |
News |
PowerRating).
ECL’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.
Johnson & Johnson
(
JNJ |
Quote |
Chart |
News |
PowerRating). JNJ’s PowerRating (for Traders) is 6.
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.
W&T Offshore
(
WTI |
Quote |
Chart |
News |
PowerRating).
WTI’s PowerRating (for Traders) is 8.
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.
Bed Bath & Beyond
(
BBBY |
Quote |
Chart |
News |
PowerRating).
BBBY’s PowerRatings (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.
Black & Decker
(
BDK |
Quote |
Chart |
News |
PowerRating). BDK’s PowerRating (for Traders) is 3.
Go to TradingMarkets.com for Today’s Top 25 Stocks.