Stocks with a strong A/D line - Jan 16, 2022

Happy Sunday!

The Accumulation/Distribution Line uses both the price and volume to gauge the cumulative flow of money into and out of a security. In particular, if the A/D line is rising, shares are being accumulated. Meanwhile, if the A/D line is falling, shares are being distributed.

And it should be no secret, considering that my newsletter is even named Accumulation, that I absolutely love utilizing the A/D line to help me spot for trading candidates.

For example, here’s a list of stocks with their A/D lines sharply rising in recent days; Specifically, each company fulfills the following criteria:

• Trades above $10

• Average volume for the past 50 trading days must exceed 1M

• Outperforms the S&P 500 by at least 15% over the past 50 trading days