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Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5

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From: GARY P GROBBEL11/18/2005 7:47:33 PM
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Chris...here is where the disparity is and this is what we have to turn around...trends are moving our way and that's good-here is the data:

For stocks priced over 10.00 there were 821 new 20 day highs and 395 new 20 day lows...better than 2 to 1...solid.

BUT, for stocks under 10.00 there were 209 new 20 day highs and 269 new 20 day lows. Same inference can be drawn from vol figures-Data:

For stocks with over 100,000 vol there were 661 new 20 days highs and 199 new 20 days lows...3 to 1...even better. BUT for stocks under 100,000 in vol there were 369 new 20 day highs and 395 new 20 day lows.

Obviously larger capped companies trade more vol.

Again, I have been watching these numbers are we are moving in the right direction BUT you can see up top is faring better than down below....but we are improving. In fact we are close...one strong day down here and we can really generate some more positve trends for the micros.
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