- Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
- RSI is at a high level of 71. A high level of RSI indicates the stock is overbought.
- MACD is crossing MACD signal line at 0.3. MACD crossing signal line is bullish signal.
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Top Ranked Value Stocks to Buy for January 14th
Top Ranked Value Stocks to Buy for January 13th
Top Ranked Value Stocks to Buy for January 8th
Shares of arts and crafts retailer The Michaels Companies (NASDAQ: MIK) rose just over 31% in December, according to data from S&P Global Market Intelligence. On the top line, comparable-store sales increased a huge 16.3% year over year. Following the earnings-driven advance, Michaels stock trended a bit lower before moving higher again to close out the year.
The Michaels Companies (MIK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Top Ranked Value Stocks to Buy for January 4th
Top Ranked Value Stocks to Buy for December 29th
Top Ranked Value Stocks to Buy for December 24th