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Actionable news in LECO: Lincoln Electric Holdings, Inc.,

Strong On High Volume: Lincoln Electric Holdings (LECO)

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

  • LECO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $30.5 million.
  • LECO has traded 159,122 shares today.
  • LECO is trading at 10.02 times the normal volume for the stock at this time of day.
  • LECO is trading at a new high 7.00% 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 LECO with the Ticky from Trade-Ideas. See the FREE profile for LECO NOW at Trade-Ideas More details on LECO: Lincoln...