Down On Big Volume
Stock Picks - Down On Big Volume
The table above shows the symbols for stocks moving downward on above-average daily volume, and also with increasing average volume. Stocks moving downward on heavy volume can portend a significant selloff, especially when the volume first starts to surge and the stock breaks down below long-term basing pattern.
The Down on Big Volume list is updated every 30 minutes courtesy of the GigaScanner stock screener and are the results of pre-determined stock screens. The GigaScanner control panel is also available (free) for custom stock-screening. Set the dropdown boxes as desired and hit the UPDATE SCREEN button to run a fresh screen. Then use the FWD and BACK buttons to flip through a sorted list of charts. Pretty simple, considering that the GigaScanner is possibly the World's Most Powerful online chart-based tool for screening, scanning, filtering, and sorting stocks.
Click on a symbol to pop-up a chart. The list is updated intraday (every 30 minutes) and is subject to change, so check back often.
The header block shows the stock name, symbol, date, open, high, low, close, volume, and price change, followed by the earnings per share rank, relative strength rank, accumulation-distribution percentage, market cap, average volume, and percentage the current price is from the all-time high.
The relative strength rank is plotted as an indicator in a window at the top, in black, and below that is the price chart, in candlestick format. The 50-day and 200-day eXponential Moving Averages (XMAs) of price overlay the candlesticks in blue and red, respectively. The volume histogram bars are plotted under the price bars, logarithmically-scaled, with the 17-day XMA of volume overlaid in blue
Note: The price candlesticks feature our proprietary Climax Low buy signals and Climax High sell signals (when present) in blue and red (respectively). These proprietary signals are the result of many years of research; they can be phenomenally accurate, and should not be overlooked. There's also an occasional green candlestick, which represents a new high in price.