TradingMarkets Chart of the Day
These are stocks that gap 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 gap up by more than 5% have
shown negative returns, on average, 1-day, 2-days and 1-week later. H i
storically, these stocks have provided traders with a significant edge. To learn
more about our research into stocks that gap up, and how to use this
information,
click here.
Accredited Home Lending
(
LEND |
Quote |
Chart |
News |
PowerRating) has been trading below its 200-day moving average since 7/19/06,
showing us that it has been trending strongly downwards.Â
Click here for detailed research on the 200-day moving average by Ashton
Dorkins and Larry Connors. In
Tuesday’s session (4/03/07) LEND gapped up 16.75%. Watch for price to
potentially move back downwards over the next few days.