Trade-Ideas: (CYOU) Is Today's Strong On High Relative Volume Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified ( CYOU) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified as such a stock due to the following factors:

  • CYOU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $6.3 million.
  • CYOU has traded 75,769 shares today.
  • CYOU is trading at 3.87 times the normal volume for the stock at this time of day.
  • CYOU is trading at a new high 3.01% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in CYOU with the Ticky from Trade-Ideas. See the FREE profile for CYOU NOW at Trade-Ideas

More details on CYOU:

If you liked this article you might like

7 Stocks Rising on Big Volume -- Here's How to Trade Them Now (CYOU) Stock is the 'Chart of the Day' (CYOU) Strong On High Relative Volume Today Moved Against the Market Moved Against the Market (CYOU) Is Strong On High Volume Today