Trading Floor Blog With Nick Perry

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Stocks Showing Unusually Heavy Volume - Alexion Pharmaceuticals Inc, F5 Networks Inc, Skechers USA Inc, Affymetrix Inc

10/23/2009 7:52 AM
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Keywords:

ALXN

 

FFIV

 

SKX

 

AFFX

 

Here are the results for today's unusual stock volume scan. The scan looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.

Companies included in today's scan are: Eurand N.V. (EURX), Switch and Data Facilities Co (SDXC), Nara Bancorp (NARA), Whitney Holding (WTNY), ExlService Holdings, Inc. (EXLS), Kubota Corp. (KUB), TriQuint Semiconductor (TQNT), Equinix (EQIX), Life Time Fitness (LTM), ITT Educational Services (ESI), NCR Corp. (NCR), J. Crew Group, Inc. (JCG), Alexion Pharmaceuticals Inc (ALXN), Chipotle Mexican Grill Inc (CMG), F5 Networks Inc (FFIV), Janus Capital (JNS), Skechers USA Inc (SKX), Steak n Shake (SNS), iRobot Corporation (IRBT), Mellanox Technologies, Ltd. (MLNX), Affymetrix Inc (AFFX), Satyam Computer Services Ltd (SAY), Hershey Foods (HSY), New York Times (NYT), PNC Financial Services Group (PNC).

These are the top stocks from today's scan, which has some basic filters to eliminate stocks that don't trade frequently. A description of the column headings is below.

  • Move Previous Day - yesterday's percent return.
  • Volume Increase - looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.
  • Close - yesterday's closing price.
  • Total Ratings - number of analysts who track the stock, according to Zacks.
  • Buy Percent - percent of the analysts who rate the stock as a "buy". I use this to help gauge sentiment and potential buying demand. If everyone already loves a stock, that means a steady stream of new money will need to enter the stock to fuel a rally.

Note - sentiment data is current as of the previous trading day...


-posted by Nick Perry
10/23/2009 7:52 AM


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