Penny Stocks To Buy
Penny Stocks To Buy
Table contains a list of penny stocks to buy, i.e., penny stocks generating Climax Low buy signals, filtered by price, and sorted by the surge in volume above average (the exact conditions are specified under the table header). Click on a symbol to pop up a chart.
If the table is empty, that means there aren't any stocks putting out signals at the moment. The Climax Low signal is based on volume, so we tend to get more of them during the day, as the volume rises.
There are some signals the computer finds that are prone to error, since the formulations are relatively simple and not overly restrictive. It's best to make sure there's a certain "look" about it. A relatively "tight" price pattern is desirable, and a certain "rounding out" of a low is better than a sharp "V", although those work too. It's also helpful if the signal occurs on a pullback to the 50-day exponential moving average.
It's also best to make sure the "tone" of the market is appropriate. It really doesn't pay to buy penny stocks (or any other stocks) in a bear market; most all the signals and indicators that say "buy" are prone to failure in an overall downtrend. The sell signals, on the other hand, tend to work very well. In the end, most all stocks will follow the broad market trend.
Fortunes are made in penny stocks every day, but unfortunately they're also lost every day. They can be very profitable, but it's important that you get the right one, and also that you buy and sell it at the right time. The Gigascanner is the best tool we know for that. It's our free online stock-charting and market-screening tool, programmed with special market signals and indicators developed over many years of research. Try it, you'll like it!
Chart Settings
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.