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Actionable news in DRWI: DragonWave Inc,

Strong On High Volume: DragonWave (DRWI)

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

  • DRWI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.3 million.
  • DRWI has traded 121,640 shares today.
  • DRWI is trading at 10.51 times the normal volume for the stock at this time of day.
  • DRWI 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...