Stocks Showing Unusually Heavy Volume - Level 3 Communications Inc, Rambus Inc, Palm Inc, Genentech Inc

Tags: RMBS
12 Jan 9:00pm
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Here are the results for today's unusual stock volume scan. The scan looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.

Companies included in today's scan are: Palm Inc (PALM), Medical Properties Trust, Inc. (MPW), Rambus Inc (RMBS), Lennar Corp. (LEN), Orexigen Therapeutics Inc. (OREX), Apollo Group (APOL), LHC Group, Inc. (LHCG), Bank of the Ozarks (OZRK), American Medical Systems (AMMD), Synnex Corp. (SNX), CVS Corp. (CVS), Level 3 Communications Inc (LVLT), DTS (DTSI), ITT Educational Services (ESI), Integra LifeSciences (IART), Emergent BioSolutions Inc. (EBS), IHS Inc. (IHS), Corinthian Colleges (COCO), Strayer Education (STRA), Genentech Inc (DNA), Almost Family, Inc (AFAM), Career Education (CECO), Gentiva Health Services (GTIV), Chicago Bridge & Iron N.V. (CBI), Greenbrier Companies (GBX).

These are the top stocks from today's scan, which has some basic filters to eliminate penny stocks and those that don't trade frequently. A description of the column headings is below.

  • Move Previous Day - yesterday's percent return.
  • Volume Increase - looks at the previous day's volume and compares it to the recent average volume. It then sorts the stocks based on those that showed the biggest increase (the "unusual" part) in volume.
  • Close - yesterday's closing price.
  • Total Ratings - number of analysts who track the stock, according to Zacks.
  • Buy Percent - percent of the analysts who rate the stock as a "buy". I use this to help gauge sentiment and potential buying demand. If everyone already loves a stock, that means a steady stream of new money will need to enter the stock to fuel a rally.

Note - sentiment data is current as of the previous trading day...


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