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momentum stocks

momentum stocks

by @sumanx9bc1e49
Momentum Stocks

Momentum Stocks

What are Momentum Stocks?

Momentum Stocks are those whose prices are moving significantly upwards at an accelerated pace. They gain attention from traders due to their rapid appreciation and strong upward trends. The strategy behind investing in momentum stocks is that they tend to attract more buyers, creating a cycle that drives the price higher. Factors such as strong trading volume, positive news, and overall market optimism are often catalysts for such stocks. These are stocks that traders like to watch because they have the potential for quick returns during a positive market trend.

What do Momentum Stocks Tell Us?

Momentum stocks tell us that a stock is experiencing a strong positive trend, fueled by buyer enthusiasm. This kind of price movement indicates that investor confidence is high, and the stock has upward momentum that could persist in the short term. Momentum stocks reflect market sentiment, often tied to positive earnings, favorable industry news, or broader market conditions. While momentum can lead to substantial gains, it is also essential to be cautious, as high momentum may lead to increased volatility if investor sentiment changes suddenly.

Filters Used to Sort the Above Stocks

1. RSI >= 70.00

This filter identifies stocks with a high Relative Strength Index, indicating strong upward momentum. A high RSI suggests that buying pressure is strong, helping pinpoint stocks with growing demand.

2. Money Flow Index (14) >= 70.00

The Money Flow Index helps track buying activity. A value above 70 signals increased demand, showing that traders are buying the stock in high volumes.

3. Commodity Channel Index (14) >= 110.00

This filter indicates a strong trend in the stock's price. A CCI above 110 suggests that the stock is performing well, compared to its average trend.

4. Volume 1 Day > Volume 10D SMA x 2

This filter ensures the current trading volume is significantly higher than the 10-day average, indicating increased interest and suggesting a potential move is gaining traction.

5. Price > EMA 10D

This filter identifies stocks whose prices are above the 10-day Exponential Moving Average, suggesting that the current trend is positive.

6. Price %Change 1 Day > 1.00 %

This filter helps to find stocks that have moved at least 1% in one day, signaling strong short-term price action.

7. Price >= ₹10.00

This filter ensures that the stock is priced at a reasonable level for active trading, making sure it isn't a penny stock.

8. Market Cap >= 500 (Cr)

This filter helps focus on companies with sufficient size and liquidity, reducing risks related to low-volume stocks.

Key Takeaways

1. Spotting Momentum in Stocks

Momentum stocks are defined by their rapid price movement, reflecting strong buying activity. Traders can use this to identify opportunities for short-term gains.

2. High Investor Confidence

Momentum in stocks is often driven by market enthusiasm, supported by factors like positive news, earnings, or overall industry growth.

3. Strong Indicators of Demand

Indicators such as RSI, MFI, and trading volume provide insights into the level of buyer interest. These metrics help identify stocks that are gaining significant attention.

4. Inherent Volatility Risks

While momentum stocks can offer lucrative returns, they come with risks of sharp price reversals. It's important to remain vigilant of market sentiment shifts.

5. Considerations for Different Investment Styles

Momentum stocks are ideal for traders seeking to profit from rapid price movements, taking advantage of short-term trends. Long-term investors might find opportunities if they believe the positive trend reflects sustainable growth, but they should remain cautious of potential reversals and adjust their strategies accordingly.

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momentum stocks

Price %Change
2.00

RSI (14)
51.00

RSI (14)
Previous RSI (14)

Volume
20,000 - 24,86,54,298

EMA (10)
EMA (20)

Commodity Channel Index (14)
125.00 - 466.67

Revenue (Yearly)
150.00 - 9,17,121.00

Price
40.00 - 2,87,163.25

Exchange
2

Volume (Week)
50,000 - 44,88,92,864

Price
Day Price Change
Price %Change
Volume
PE Ratio
Market Cap
Price %Change (Week)
Revenue (Yearly)
FII Holding
RSI (14)
EMA (10)
Commodity Channel Index (14)
Previous RSI (14)
EMA (20)
Volume (Week)
Volume (Mon)
SMA (5)
845.35 38.15 4.73% 81,852 93.21 1,334 12.98% 480.40 0.11 72.90 785.86 152.29 66.30 767.40 61,680 28,635 808.92
269.97 8.83 3.38% 1,95,605 21.05 942 1.03% 603.00 0.72 63.78 257.92 136.48 60.55 247.03 1,40,199 2,47,979 261.37
10,519.00 455.50 4.53% 2,34,160 41.57 42,253 10.43% 18,680.60 9.35 76.80 9,762.77 215.53 72.40 9,294.28 1,11,044 1,27,071 9,968.90
47.50 3.50 7.95% 2,89,297 33.85 1,238 7.61% 368.40 0.46 65.90 44.35 167.94 56.18 43.26 74,010 72,828 44.63
3,151.80 144.80 4.82% 3,18,068 52.48 37,556 11.31% 10,640.90 12.36 62.89 3,000.99 167.06 54.84 2,964.89 1,49,684 1,17,943 3,045.90
55.85 1.45 2.67% 3,32,404 24.18 318 6.34% 310.30 0.34 74.61 53.15 240.52 70.99 51.49 2,27,321 2,75,305 53.62
4,756.00 187.40 4.10% 4,10,082 50.73 45,468 3.59% 9,807.70 25.49 68.85 4,561.86 136.07 61.48 4,457.37 1,75,085 3,41,421 4,596.58
78.52 7.13 9.99% 5,95,016 59.24 223 10.69% 483.80 3.86 65.86 70.36 226.74 56.50 68.90 3,08,341 2,45,201 70.94
519.20 57.40 12.43% 5,99,782 40.72 1,155 9.34% 178.90 0.00 67.59 470.12 152.61 57.36 449.99 73,470 89,127 480.31
88.50 7.78 9.64% 6,09,170 13.00 637 7.61% 392.00 3.45 69.64 80.42 184.63 57.99 78.63 1,84,309 1,44,219 80.75
536.45 13.70 2.62% 10,30,359 18.87 15,516 10.89% 10,120.80 5.72 71.09 506.09 158.43 68.21 486.34 11,36,012 11,33,268 516.58
372.45 14.45 4.04% 12,92,987 37.40 3,488 6.17% 789.00 0.04 67.98 349.87 136.56 63.42 338.11 8,76,567 3,91,356 361.57
599.05 20.90 3.61% 14,88,697 25.70 14,537 5.11% 4,494.50 13.55 59.23 577.70 163.27 51.71 575.83 4,82,423 8,18,163 578.51
946.70 19.35 2.09% 18,21,350 10.83 1,27,517 7.49% 72,050.90 5.64 64.77 911.86 145.27 61.38 894.90 17,18,185 19,91,037 924.24
147.11 5.48 3.87% 20,84,741 32.35 6,748 6.35% 4,695.10 1.60 67.34 139.66 166.24 60.81 137.68 8,72,729 10,28,566 141.17
115.08 2.72 2.42% 25,01,369 11.27 8,226 10.79% 6,857.80 3.44 64.25 107.95 210.13 60.87 106.72 14,58,438 14,42,969 108.50
4,380.60 100.10 2.34% 25,42,442 31.02 6,02,587 4.65% 2,59,859.30 20.06 72.57 4,230.79 153.71 67.58 4,141.60 18,17,690 21,07,709 4,293.66
712.15 15.60 2.24% 26,12,721 98.91 1,12,153 3.95% 10,070.80 12.02 67.58 688.26 141.43 64.15 666.85 21,24,294 53,30,074 699.70
489.70 16.50 3.49% 28,35,143 33.95 24,705 8.28% 4,664.30 5.75 65.76 468.48 176.81 57.76 464.67 16,53,190 12,56,527 474.27
230.51 21.23 10.14% 28,66,643 17.87 1,597 9.06% 848.30 0.78 65.51 212.74 285.28 51.93 209.42 1,13,856 1,72,431 213.17
164.35 5.28 3.32% 28,87,460 18.58 1,082 8.10% 895.90 8.35 62.04 155.39 174.37 57.80 153.17 23,76,078 13,36,996 156.69
210.32 5.75 2.81% 29,35,475 31.87 1,321 24.92% 1,292.40 0.06 69.53 189.24 125.20 67.67 177.48 66,66,153 17,99,804 203.61
273.85 9.90 3.75% 29,72,517 38.41 3,346 13.82% 337.40 0.83 60.02 255.58 184.57 55.21 255.43 31,90,341 14,31,659 257.65
5,987.00 267.50 4.68% 40,34,978 68.66 1,26,870 3.43% 12,541.70 7.65 67.20 5,806.40 228.18 58.67 5,656.26 1,56,929 3,50,886 5,862.40
3,636.50 108.60 3.08% 71,64,730 113.03 20,602 13.57% 1,158.40 9.55 68.23 3,313.62 207.86 64.99 3,251.93 38,20,936 20,47,593 3,341.02
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