Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish.

Investors should also pay attention to LIVX's average 20-day trading volume.

It's also helpful to compare a security to its industry this can show investors the best companies in a particular area. Let's discuss some of the components of the Momentum Style Score for LIVX that show why this company shows promise as a solid momentum pick.Ī good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. You can see the current list of Zacks #1 Rank Stocks here > Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. (LIVX), which currently has a Momentum Style Score of B. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.īelow, we take a look at LiveXLive Media, Inc. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. While many investors like to look for momentum in stocks, this can be very tough to define. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. In the 'long' context, investors will be essentially be 'buying high, but hoping to sell even higher.' With this methodology, taking advantage of trends in a stock's price is key once a stock establishes a course, it is more than likely to continue moving that way. Momentum investing revolves around the idea of following a stock's recent trend in either direction.

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