Actionable news
0
All posts from Actionable news
Actionable news in CRR: CARBO CERAMICS Inc,

Carbo Ceramics (CRR) Flagged As Strong On High Volume

Trade-Ideas LLC identified Carbo Ceramics ( CRR) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Carbo Ceramics as such a stock due to the following factors:

  • CRR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $8.7 million.
  • CRR has traded 80,012 shares today.
  • CRR is trading at 3.35 times the normal volume for the stock at this time of day.
  • CRR is trading at a new high 5.09% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success. EXCLUSIVE OFFER: Get the inside scoop on opportunities in CRR with the Ticky from Trade-Ideas. See the FREE profile for CRR NOW at Trade-Ideas More details on CRR: CARBO Ceramics Inc., an oilfield services technology company, manufactures and sells ceramic proppants, resin-coated ceramic, and resin-coated sand proppants for use in the hydraulic fracturing of natural gas and oil wells in the United States and internationally. The stock currently has a dividend yield of 2.4%. Currently there is 1 analyst that...


More