Top 3 stocks strong bullish stock for swing trade
10/8/2024 05:36am
Based on your intent for swing trading, we should focus on stocks with the following characteristics:
1. **High Trading Volume**
- Trading Volume > 1 million shares
- 3-Month Average Trading Volume > 500,000 shares
2. **Overbought Condition**
- RSI > 70
3. **Positive Price Momentum**
- Closing Price > 20-Day Moving Average
- 20-Day Moving Average > 50-Day Moving Average
- 50-Day Moving Average > 200-Day Moving Average
4. **Significant Recent Growth**
- 1-Week Percentage Change > 10%
- 1-Month Percentage Change > 20%
After sorting by quantitative recommendation score, there are **3** stocks that stand out. Explore these further for potential swing trading opportunities.