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Today's Dead Cat Bounce Stock: Teck Resources (TCK)

Trade-Ideas LLC identified Teck Resources ( TCK) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Teck Resources as such a stock due to the following factors:

  • TCK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $159.7 million.
  • TCK has traded 115,876 shares today.
  • TCK is up 4% today.
  • TCK was down 5.3% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in TCK with the Ticky from Trade-Ideas. See the FREE profile for TCK NOW at Trade-Ideas More details on TCK: Teck Resources Limited explores, develops, and produces natural resources in the Americas, the Asia Pacific, and Europe. The company's principal products comprise steelmaking coal; copper concentrates and refined copper cathodes; refined zinc and zinc concentrates; and lead concentrates. The stock currently has a dividend yield of 0.7%. Currently there are 2 analysts that rate Teck Resources a buy, 5 analysts rate it a sell, and 6 rate it a hold. The average volume for Teck Resources has been 10.8 million shares per day over the past 30 days. Teck has a market cap of $7.0...