Actionable news
0
All posts from Actionable news
Actionable news in DDS: DILLARDS Inc,

Barbarian At The Gate: Dillard's (DDS)

Trade-Ideas LLC identified Dillard's ( DDS) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate. In addition to specific proprietary factors, Trade-Ideas identified Dillard's as such a stock due to the following factors:

  • DDS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $42.5 million.
  • DDS has traded 1.5 million shares today.
  • DDS traded in a range 325.1% of the normal price range with a price range of $7.65.
  • DDS traded above its daily resistance level (quality: 1 day, meaning that the stock is crossing a resistance level set by the last 1 calendar day. The resistance price is defined by the Price - $0.01 at the time of the signal).

Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility. Trade-Ideas targets these opportunities because the stock is exhibiting an unusual behavior while displaying positive price action. In this case, the stock crossed an important inflection point; namely, 'resistance' while at the same time the range of the stock's movement in price is more than twice its normal...


More