Stocks with sudden price increases (surges) & stocks with sudden volume increases (surges), stocks starting new trends, breakouts through overhead resistance, selling climaxes, reversal patterns, and "watch list" candidates.
Individual Stock Alerts (Price Surges)
The free lists of surging stocks provided daily here focuses on 1-day surges and are found by scanning our general database of several thousand stocks. These stocks have all experienced some unusual action. A daily review of the charts of stocks listed here can uncover stocks that have recently started out on new trends, stocks breaking out of a consolidation pattern, or stocks that have had unusual market activity for some other reason. We suggest reviewing the charts of these stocks to see if they are of sufficient interest to warrant purchase or inclusion on your "watch list." One reason for including a stock on your watch list is so you can monitor it while waiting for a good entry point. For example, you might wait for a pullback to a rising trendline. You might also wait for some sign that the trendline is holding or that the stock is responding to it in a positive way. Waiting for such a pullback can also help you optimize your stop-loss placement. The buy price is then only slightly above support. Therefore, when the stop loss is placed a little below the expected support (the trendline), any decline that triggers the stop will be a meaningful decline because support could not stop the decline, but the decline will also be relatively small (and so will any consequential loss if the unexpected happens).
The free list posted here consists of up to 30 stocks that have surged in price by at least 2%. They have also had a volume surge of at least 50%. For example, if there are more than 100 stocks that have surged in price 2% or more and that also have had a volume surge of 70% or more, then we simply list the top 30 stocks in order of volume surge magnitude, in which case, the minimum volume surge of the stocks listed will be 70%. In any case, the minimum volume surge percent used in our screening is reported at the top of the table so you can do your own screening. If we screen with a minimum surge requirement of 30% and we have found 50 stocks that have had a volume spike of 60% or more, then all 30 of the stocks listed will have had a volume surge greater than the minimum displayed at the top of the table.
Many of the stocks on this list will not be particularly attractive to a trader because the stock's pattern will be compromised by nearby overhead resistance. However, the alerts sometimes present an opportunity to get in at the beginning of a nice move. A stock's closing price relative to the day's price action and overall price pattern, and its volume at the close (and the percentage change in volume for the day) are important when the stock has had a price surge, gap or spike. These lists provide an opportunity for you to be aware of the surge and evaluate the situation for yourself.
Remember that volume changes are important. A price increase of 1% combined with a 50% volume decrease is not particularly noteworthy. However, a price increase of 1% combined with a 50% increase in volume will generate some interest. The numbers reported are percent changes for price and volume respectively. For example, a reading of 23 in the "Vol % Ch" column would mean that volume surged 23%. Short-sellers will be interested in stocks with large negative surges on heavy volume.
**We have added hundreds of ETFs to our master stock list so that subscribers will have a greater variety of opportunities for investment. Most but not necessarily all ETFs on our master list have the letters ETF after their names to differentiate them from stocks of individual companies. On this Web site, "ETF" is used as a broad generic label. Therefore, Vipers and ETNs may also have the letters "ETF" added to their names. ETFs trade just like any other stocks. Some ETFs are inverse (they go up when the underlying securities in them are going down). Therefore, if the market is bearish, the number of ETFs included in our scanner reports may increase significantly (because there will be an increased number of inverse ETFs rising or undergoing a positive setup pattern). The inclusion of ETFs increases the odds that at any given time there will be purchase candidates, whether a person is bullish or bearish. If your investment approach does not include ETFs, simply ignore any stock with the letters ETF after its name.
Want to know about the timeliness of these scans? Click on New or Old?
Price & Volume Surge Table
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