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Actionable news in BX: THE BLACKSTONE GROUP L.P,

Trade-Ideas: Blackstone Group (BX) Is Today's Strong On High Relative Volume Stock

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

  • BX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $179.7 million.
  • BX has traded 689,877 shares today.
  • BX is trading at 3.84 times the normal volume for the stock at this time of day.
  • BX is trading at a new high 3.04% 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 BX with the Ticky from Trade-Ideas. See the FREE profile for BX NOW at Trade-Ideas More details on BX: The Blackstone Group L.P. is a...


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