Dorman Products ($DORM) - Overbought
02.10.12 | 09:19 AM
Dorman Products has hit a technical signal on 3 different technical indicators. DORM is in the Capital Goods sector. The technical signals indic...
Top 10 Mean Reversion Stocks
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Description:
This list consists of stocks that have the ability to spike upwards or mean revert back to the 200 day moving average. We not only looked for stocks that were trading well below their 200 day moving average but also ones in which there was heavy insider buying over the last 6 weeks, which often indicates bullish prospects for the company. Again, the criteria is as follows:Stock price is 10% or more below the 200 day moving average.
Insider buying > $1M dollars.
For more on how to use "mean reversion" as a trading system see our Active Trader page.
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