Stock Picks - Leading Stocks
The symbols in the table above are a computer-generated collection of higher-priced stocks near their 52-week highs, with higher relative-strength (RS) rankings, earnings-per-share (EPS) rankings, and strong accumulation / distribution (AD) percentages, sorted by the ratio of short-term to medium term volume averages (these characteristics are part of the CANSLIM system created by William O'Neil).
Stocks fitting these parameters are considered to be the "market-leading" stocks. In a bull market the leading stocks will advance earlier and move farther than other stocks, although when the market tops they can lead it down too (in which case they will rapidly fall off the list). Leading stocks can be studied as a leading indicator for the overall market.
The Leading Stocks in the table above are 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 symbols are (every 30 minutes) and are 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). 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.