After three consecutive days with losses, the market looks deteriorated in technical terms. The DJ-30 and Russell-2000 fell below the SMA 18 days and is expected to face the SMA 50 days at any time. To occur, it is very likely that this impairment also extends to the SP-500 and the Nasdaq. The traded volumes were not spectacular but slightly higher than the previous day. Indicators such as MACD and Stochastic suggest a greater fall in the market.
Given this situations, our system detected very few stocks with higher prices and good patterns. Below, we show three of these stocks.
Smith & Wesson Holdg. Corp. (SWHC).- Price: US$ 7.68 (Var: +11.30%). Volume: 6.24 Millions of shares (daily MA: 1.07M). New High with good volume.
Seagate Tech. Holdg. (STX).- Price: US$ 27.93 (Var: +4.57%). Volume: 12.35 Millions of shares (daily MA: 9.77M). Start a new leg up with high volume.
Dollar General Corporation (DG).- Price: US$ 46.14 (Var: +3.11%). Volume: 3.52 Millions of Shares (daily MA: 1.63M). New high wit good volume.
Free Up Trend Stock Picks includes three stocks that have experienced daytime significant price Hikes. These stocks have been selected from a list includes stocks that have shown the best performance of the last 26 weeks.This means these are stocks with a medium-term upward trend.
No comments:
Post a Comment