Using PowerRatings to Find Low-Priced Opportunities
Today’s
PowerRatings
(for Traders) article will look at our
Top 10
PowerRatings Low-Priced Stocks. We will be featuring 1 list per day, free
of charge, to help explain the methodologies and to coach new users; these lists
highlight trading edges backed by our database of more than 7-million historical
simulated trades.
For
aggressive traders and investors, some of the biggest moves on a percentage
basis come from low-priced stocks. If you are willing to assume more risk, you
will find ample opportunities in low-priced stocks with high PowerRatings (for
Traders).
PowerRatings (for Traders) performance shows the returns versus
the S&P 500 for the equivalent 5-day hold. The stocks which have had a PowerRating of 8 have outperformed the S&P 500 index on average over the next 5
days by an 5.8-1 margin. Stocks with a PowerRating of 9 have outperformed by a
10.1-1 margin. Stocks with a PowerRating of 10 have outperformed the S&P by
nearly 14.7-1 margin. This potential edge opens up a number of possibilities for
your trading and investing.
Today’s Top Low-Priced Stocks
Let’s take a closer look at an individual stock from the list. Keep in mind that
this stock is only an example from the list, not a trade recommendation. Be sure
that you have your own strategies and methodologies in place before making any
trade; do not blindly follow other people’s advice.
Microvision
(
MVIS |
Quote |
Chart |
News |
PowerRating)
MVIS is trading in a rising uptrend, well above its 200-day moving
average; this is a strong stock that has been moving higher over a long period
of time. Starting on June 11, MVIS began to pull back, giving up some of its
gains made over the previous few days. PowerRatings (for Traders) seeks to take
advantage of these oversold conditions, by identifying market indicators which
have historically led to a stock rising over the next few days. When a strong
stock, trading above its moving average, pulls back from its uptrend, the data
clearly shows us that this stock has more of a chance to rise than it does to
fall.
If you would like to attend a free class which covers this
research and strategy further, please
click here
for the calendar of the upcoming online classes. Topics
covered include our latest research on
entries and exits, and
how to use PowerRatings (for Traders) with our new
Preferred Stock List.
For a free PowerRatings (for Traders) trial,
click here. If
you have any questions about PowerRatings or the new Stock Indicators please
feel free to email us or call 213-955-5858 ext 1.
John Lee
Associate Editor
Reminder: We are in no way recommending the purchase or short sale of these
stocks. This article is intended for education purposes only. Trading should be based on your own understanding of market conditions,
price patterns and risk; our information is designed to contribute to your
understanding.