Trading Floor Blog With Nick Perry

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Stocks Showing Unusually Heavy Volume - Doral Financial Corp, China Finance Online Co, TIBCO Software Inc, Fannie Mae

8/11/2009 8:18 AM
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Keywords:

DRL

 

JRJC

 

TIBX

 

FNM

 

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: Freddie Mac (FRE), Helicos BioSciences Corporation (HLCS), Fannie Mae (FNM), Cascade Bancorp (CACB), Echelon Corp. (ELON), GRAVITY Co., Ltd. (GRVY), Doral Financial Corp (DRL), China Finance Online Co (JRJC), First Marblehead (FMD), Barnes & Noble (BKS), Maguire Properties Inc (MPG), Vitesse Semiconductor (VTSS), Entravision Communications (EVC), Priceline.com Inc (PCLN), City Bank (CTBK), LandAmerica Financial Group (LFG), E.W. Scripps (SSP), Schweitzer-Mauduit International (SWM), Crocs, Inc. (CROX), TIBCO Software Inc (TIBX), YRC Worldwide Inc (YRCW), Federal Agricultural Mortgage (AGM), BankAtlantic Bancorp (BBX), American Capital Ltd (ACAS), Fuel Systems Solutions Inc (FSYS).

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
8/11/2009 8:18 AM


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