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Textron (TXT) Stock Storming The Castle Today

Trade-Ideas LLC identified Textron ( TXT) as a "storm the castle" (crossing above the 200-day simple moving average on higher than normal relative volume) candidate. In addition to specific proprietary factors, Trade-Ideas identified Textron as such a stock due to the following factors:

  • TXT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $91.0 million.
  • TXT has traded 1.9 million shares today.
  • TXT is trading at 2.59 times the normal volume for the stock at this time of day.
  • TXT crossed above its 200-day simple...