Applied DNA Sciences Inc (APDN)

[apdn1mill]

Strong On High Relative Volume: Applied DNA (APDN)

http://www.thestreet.com/story/13320062/1/strong-on-high-relative-volume-applied-dna-apdn.html?puc=stocktwits&cm_ven=STOCKTWITS&utm_source=dlvr.it&utm_medium=organic&utm_campaign=stocktwits

Trade-Ideas LLC identified Applied DNA ( APDN) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Applied DNA as such a stock due to the following factors:
APDN has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $3.7 million.
APDN has traded 198,837 shares today.
APDN is trading at 23.73 times the normal volume for the stock at this time of day.
APDN is trading at a new high 4.05% 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.