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Actionable news in MPEL: Melco Crown Entertainment Limited,

Today's Weak On High Volume Stock: Melco Crown Entertainment (MPEL)

Trade-Ideas LLC identified Melco Crown Entertainment ( MPEL) as a weak on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Melco Crown Entertainment as such a stock due to the following factors:

  • MPEL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $39.2 million.
  • MPEL has traded 596,195 shares today.
  • MPEL is trading at 2.12 times the normal volume for the stock at this time of day.
  • MPEL is trading at a new low 3.03% below...