Daily Stock Trading Ideas: Technical Picks For Tuesday (2017-05-30)
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Looking for daily trading ideas? Updated every day based on some of the widely followed technical indicators, our daily technical stock picks page helps you in identifying best stocks which are generating buy and sell signals today. The stocks listed below are selected based widely followed technical indicators and should not be construed as an investment advice. None of the members of Amigobulls team hold any position in any of the stocks listed below. Please read our full disclosure here.
Top Stock To Buy And Sell For Today Based On Moving Averages
One of the important trading signals generated by moving averages is a crossover. A crossover occurs when moving average intersects the price line. A cross below a moving average is bearish signal. Conversely, a close above a moving average from below may suggest the beginning of a new uptrend. Traders look out for these signals for selecting best stocks to buy. Below are the top buying and selling stock ideas for today based on crossovers.
Stocks To Buy - Today's Bullish Crossovers
|Morgan Stanley (MS)||Morgan Stanley stock price breaks out above 50 days sma. MACD Bullish.|
|Organovo (ONVO)||Shares of Organovo made a bullish crossover over 50 days sma in the last trading session.|
|Dynavax Technologies (DVAX)||Dynavax Technologies stock makes a bullish crossover over 50 days sma. Dynavax Technologies stock is currently trading at $5.7|
|Prima BioMed (PBMD)||Shares of Prima BioMed closed above 100 days sma in the latest trading session. Prima BioMed stock is currently trading at $2.5|
|Sprint (S)||Sprint stock breaches 50 days sma resistance line. Sprint stock is currently trading at 8.4|
Stocks To Sell - Today's Bearish Crossovers
|iShares NASDAQ Biotech Index ETF (IBB)||In a bearish crossover iShares NASDAQ Biotech Index ETF stock closed below 100 days sma.|
|Juno Therapeutics (JUNO)||Juno Therapeutics stock breaches 50 days sma support line. Juno Therapeutics stock is currently trading at $23.3.|
|Deutsche Bank (DB)||Deutsche Bank stock falls below 100 days sma. Deutsche Bank stock is currently trading at $18.5.|
|LendingClub (LC)||LendingClub stock makes a bearish crossover over 50 days sma. LendingClub stock is currently trading at $5.6.|
|Arbutus Biopharma (ABUS)||Shares of Arbutus Biopharma made a bearish crossover over the 50 days sma in the last trading session.|
Top Stocks To Buy And Sell Today Based On MACD
Moving average convergence divergence (MACD) is a technical indicator used by chartists and trader is identifying best stocks to buy right now. It is a trend-following momentum indicator which is calculated by subtracting 12-day Exponential Moving Average (EMA) from the 26-day EMA. MACD is used n combination with the signal line. When the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell the stock. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal which indicates it might be the time to buy the stock. Traders also watch for a move above or below the zero line because this signals the position of the short-term average relative to the long-term average. Below are the top stocks to buy and sell ideas for today based on MACD values.
Stocks To Buy - MACD Bullish
|Netflix (NFLX)||Signal line|
|Microsoft (MSFT)||Signal line|
|ALCOA CORP (AA)||Centre line|
|Xoma (XOMA)||Centre line|
|Costco (COST)||Signal line|
Top Stocks To Buy And Sell Today Based On RSI
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Developed by J. Welles Wilder, RSI indicator helps in buying stocks. RSI oscillates between zero and 100. Traditionally RSI is considered overbought when above 70 and oversold when below 30. Below are the top buy and sell stock trading ideas for today based on RSI.
Stocks To Buy - RSI Bullish
|Uranium Resources (URRE)||28.57|
|El Pollo Loco (LOCO)||29.17|
|Comstock Resources (CRK)||21.86|