Tim Participacoes (TSU) Strong On High Relative Volume Today

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

  • TSU has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $17.9 million.
  • TSU has traded 437,768 shares today.
  • TSU is trading at 9.23 times the normal volume for the stock at this time of day.
  • TSU is trading at a new high 7.16% 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.

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More details on TSU:

TIM Participacoes S.A., through its subsidiaries, provides mobile telecommunication services for residential and business customers in Brazil. The company offers mobile, fixed, and long distance telephony; data transmission; and broadband services. The stock currently has a dividend yield of 1.9%. TSU has a PE ratio of 7. Currently there is 1 analyst that rates Tim Participacoes a buy, no analysts rate it a sell, and 5 rate it a hold.

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