Actionable news
0
All posts from Actionable news
Actionable news in GIMO: GIGAMON Inc,

Gigamon (GIMO): Today's Weak On High Volume Stock

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

  • GIMO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $10.7 million.
  • GIMO has traded 159,749 shares today.
  • GIMO is trading at 14.89 times the normal volume for the stock at this time of day.
  • GIMO is trading at a new low 6.12% below yesterday's close.

'Weak on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as material stock news, analyst downgrades, insider selling, selling from 'superinvestors,' or that hedge funds and traders are piling out of 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 (or avoid losses by trimming weak positions). 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 GIMO with the Ticky from Trade-Ideas. See the FREE profile for GIMO NOW at Trade-Ideas More details on GIMO: Gigamon...


More