Actionable news
All posts from Actionable news
Actionable news in MKTO: Marketo, Inc.,

Marketo (MKTO) Weak On High Volume

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

  • MKTO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $12.3 million.
  • MKTO has traded 387,316 shares today.
  • MKTO is trading at 39.34 times the normal volume for the stock at this time of day.
  • MKTO is trading at a new low 11.18% below yesterday's close.

'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of 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 (or avoid losses by trimming weak positions). 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 MKTO with the Ticky from Trade-Ideas. See the FREE profile for MKTO NOW at...