- Retail Radar by Stocktwits
- Posts
- Ryan Runs To An All-Time High
Ryan Runs To An All-Time High
New 52-Week Highs led New Lows — 43 vs. 32.
Happy Sunday. Welcome to Trends with No Friends.
For those just joining us, here’s an overview…
Trends With No Friends sifts through the noise and discovers stocks above $1B market cap with high relative strength and low Stocktwits following.
Why is this combination important?
Stocks that are outperforming tend to continue to outperform. Stocks that have a low Stocktwits following are, by definition, undiscovered by the crowd. Stocks that have both Relative Strength and Low Stocktwits Following can really outperform as more investors discover them.
They are ripe to rip.
Friday’s markets were muted. The Russell 2000 ticked +0.23%. The S&P 500 and Nasdaq Composite dipped approx. -0.20%.
Consumer discretionary and communications advanced more than +0.50%. Energy and utilities tumbled -0.58%.
New 52-Week Highs led New Lows — 43 vs. 32.
The Best of the Best
Ryan Specialty Holdings ($RYAN) is the best of the best. The products and solutions provider for insurance brokers, agents and carriers carried +7.66% following news that it will replace Apartment Income REIT in the S&P MidCap 400.
$RYAN ran to an all-time high.
Here’s the daily chart.
And weekly chart.
The Worst of the Worst
SolarEdge ($SEDG) is the worst of the worst. The solar stock stumbled -3.79% and closed at its lowest price since February 2018.
$SEDG is down -32.62% so far this month.
Here’s the disastrous daily chart.
And monthly chart.
52-Week Highs
52-Week Lows
Riley’s Recommendations
Here are a few sweet links curated by Riley…
Reply