To all,
It looks like some of the indices are at critical support levels again and there is a possiblity that some will break their multi-year bull channels on Monday. As it is too late to short most stock I thought I would post this screen for possible short candidates for the next bounce up.
It is a purely technical screen and does not look at the fundamentals. This screen looks for stocks dropping more than $1 Friday on heavy volume.This screen also insists that the companies close below their 50 day moving average, and the screen looks for companies in the top half of their two year price range.
YestChg < -1 and Price < AvgPr50da and Volume > 1.5 * AvgVol20da and MktCap > 500 and Hi2YrChg * -1 < Lo2YrChg
As this list is long I am looking for your opinions if anyone cover any of these stocks closely. Other technical/fundamental reads are welcome too.
....................12/12.........12/12........Est.......MktCap.......................20Da Tkr................Price.........Chg.........P/E........($Mill).......Volume........AvgVol ADRX..........34.81.........-1.13.......58.1........516..........28,500.........8,765 AEIC...........27.13........-1.44.......16.7........ 934..........209,900.......108,450 ANAT..........93.50........-2.50.......12.5.........2,475.......15,600..........5,450 AVID ..........26.75........-2.25.......17.8.........646..........498,500........212,755 AZPN..........34.31........-2.44.......23.9.........706..........421,700........121,155 BAANF........31.25........-2.00.......54.6.........5,781.......1,630,000......770,945 BMCS..........56.63........-2.94.......23.1........5,757........3,979,600......1,533,060 BNKU..........41.25.........-1.25.......14.6........1,169.......83,400...........46,000 CCMC..........31.75.........-1.88.......29.1........1,224.......353,100.........213,665 CDN.............22.88.........-1.69.......20.9........4,777.......2,258,500......867,040 CENT...........26.38..........-1.63.......20.7........505.........134,500.........76,730 CGX..............49.31.........-1.94.......29.3........626..........68,600..........31,425 CNTO............34.75.........-5.25.......38.3........2,436.......4,586,199......1,102,094 CPU..............32.00.........-1.69.......21.9........2,919.......1,493,900.......785,800 CR.................40.31.........-1.44......14.4........1,758........216,100.........79,030 CSCO.............76.56........-6.13.......26.9.......51,459.......26,730,602....8,193,910 GNTX..............21.50........-1.13.......19.1.......758............142,800........83,470 HDCO.............47.25........-4.38........11.1......618.............763,400.......319,375 HRS................42.81........-1.44.........14.0.....3,417..........352,800.......183,420 HYSW.............34.50........-2.25.........23.8.....647.............726,800.......378,355 IBM..................100.38......-1.25.........14.4.....98,594........8,086,699.....4,422,235 IMNX.................47.50........-3.25.........99.0....1,886..........957,400........522,610 INTC..................70.50........-1.31.........16.7....115,126......19,645,301....11,958,829 IS......................24.56.........-1.25........20.3.....971............199,800........77,970 LAF...................25.81.........-1.81........9.1.......1,668.........213,700........72,965 LGTO................36.13..........-2.06........31.6.....638............768,800........230,390 LHSPF..............40.63..........-4.50........26.9.....811............508,300........162,610 LLTC.................55.06..........-4.94........22.3.....4,216.........4,032,900......1,350,465 LSCC................51.00..........-4.31........17.6.....1,187.........1,487,300......746,815 MACD...............66.00..........-2.63........16.3......552...........18,800...........5,800 MAR.................68.00..........-2.13.........22.9.....8,678.........769,700.........210,415 MSA.................38.13..........-1.69.........9.7.......643............382,900.........60,725 MXIM................62.06..........-3.25.........23.5.....4,034..........2,077,000......1,108,970 PKN.................64.69..........-1.06.........17.4......2,841.........649,200..........228,115 PRH.................36.88..........-1.13..........20.6.....1,843.........672,500..........164,650 QTRN...............31.25..........-3.75..........32.8......2,281........608,700..........318,105 RYN.................42.88..........-1.50..........13.8......1,220........138,500..........75,710 SANM...............57.44.........-3.63...........18.9......1,179........1,818,600.......523,540 SCI...................39.69.........-2.88............17.3......2,374........701,500.........376,930 SDG.................59.25.........-3.81.............23.2.....1,482........1,055,900.......287,825 SEBL................39.88.........-1.13.............64.7.....1,378........391,200.........201,595 SROM...............42.50.........-1.75.............16.9.....660...........174,800.........92,275 TKLC.................29.13.........-1.88............36.9......750...........1,419,400......359,890 TKTM.................21.63.........-1.25............N/A.......535...........66,800..........29,545 TLAB.................48.25..........-3.94............28.7......8,756........4,756,898......1,770,989 TREE.................39.66..........-2.59............19.7......1,576.......326,400..........207,195 UNPH.................33.50..........-2.38............33.2......1,151.......625,000..........329,105 VTSS..................35.19..........-1.94............28.9......1,243......1,068,800........619,065 WIND..................34.25...........-2.75...........42.6......872.........550,800..........362,225 |