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Actionable news in MBLY: MOBILEYE N.V.,

Weak On High Volume: Mobileye (MBLY)

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

  • MBLY has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $83.9 million.
  • MBLY has traded 452,229 shares today.
  • MBLY is trading at 4.38 times the normal volume for the stock at this time of day.
  • MBLY is trading at a new low 3.04% 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...