Вы находитесь на странице: 1из 5

December 3rd, 2012 at 1:30 PM EST Stocktwits 50 Overview:

Currently, the ST50 is bullish, as a majority of the stocks on a DAILY timeframe are in uptrends, showing a series of higher lows and higher highs. 50 Stocks in Universe 33/50, or 66% of the Universe, is in an Uptrend 2/50, or 4% of the Universe, is in a Downtrend

When we zoom in to just today however, it is clear that most momentum stocks are being hit, 10/50, or 20%, are experiencing a trend day higher 23/50, or 46%, are experiencing a trend day lower Looking below, we have a daily chart of the ST50 index. The SC Trend color for the composite index is bullish, reiterating the overall strength of the stocks in the index. The 50-day moving average of the index is sloping smoothly up, showing at least for now continued demand for top momentum stocks.

When we look at the same data under a weekly timeframe, we can see that the data is more bullish than on the weekly timeframe, as currently 82% of stocks are trending up. Although there is no rote magic threshold, generally when more than 65-70% of stocks in this index are trending up, we tend to see trending bullish conditions in the index.

December 3rd, 2012 at 3:00 PM EST


Breaking down the universe into more specifics, on a daily timeframe: 3 stocks, or 6% - today is the first day of their respective Uptrends Want to see upside followthrough from here: Ordered by dollar volume MIDD RDEN 1 stock, or 2% - today is the first day of their respective Downtrend Want to see downside followthrough from here: Ordered by volume ISRG 0 stocks - today is an UNconfirmed bear to bull reversal Confirmation of a reversal is a higher close in coming sessions: Ordered by volume 7 stocks, or 14% - are EXTENDED. Extended means price is more than 2x the average range away from the 21 period moving average. These stocks lend towards mean-reversion, our preference is to wait for the actual reversal before front running the expected snap-back: Ordered by volume EBAY QIHU TSM ARMH RGR POL 11 stocks, or 22% - are pulling back in an uptrend. The buy trigger is a close in the next 1-2 sessions above todays high Stop under the 2-3 day low. Ordered by volume AMGN EXPE TSM RGR IFF 3

ULTI ASGN AZZ NTSP

0 stocks - bouncing in an downtrend. The sell trigger is a close in the next 1-2 sessions below todays low Stop over the 2-3 day high. Ordered by volume These stocks are at a PIVOT POINT. A pivot indicates a critical point between buyers and sellers, and that the next break from todays high/low range is the directional bet. Can be higher or lower. The buy/sell trigger is a close in the next 1-2 sessions above/below todays high/ low Stop below/above the 2-3 day low/high. Ordered by volume SWHC CONN LNN FNGN

31 stocks are simply in bullish trends. Unlike the above lists, these stocks dont have a new event today, but rather, are continuing uptrends they may have already been in, whether it be for two days, or two weeks, or more. Ordered by volume V EBAY MA QIHU AMGN KORS EXPE TSM URI ARMH RGR 4

POL CVLT IFF RNF DK SIRO MIC AZPN CSOD ULTI ASGN NTCT XXIA CYBX INXN CRAY AZZ NTSP TRS

These stocks are simply in bearish trends. Unlike the above lists, these stocks dont have a new event today, but rather, are continuing downtrends they may have already been in, whether it be for two days, or two weeks, or more. Ordered by volume PNRA

Вам также может понравиться