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SM Energy (SM) Is Today's Dead Cat Bounce Stock

Trade-Ideas LLC identified SM Energy ( SM) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified SM Energy as such a stock due to the following factors:

  • SM has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $66.5 million.
  • SM has traded 1.1 million shares today.
  • SM is up 3.3% today.
  • SM was down 5% yesterday.
  • ...