Thursday, April 27, 2017

What happens to stocks after a rally?

Based on daily Twitter $TWTR closing prices from 12/04/13 to 04/27/17 the issue rose more than five percent 48 times.  The issue continued to rally on the following day 23 times.  The largest following rally occurred on 12/24/13 when the issue closed higher by 8 percent.  The largest following correction occurred on 10/06/16 when the issue closed lower by -20 percent.

Based on daily Under Armour $UAA closing prices from 11/30/05 to 06/30/16 the issue rose more than five percent 116 times.  The issue continued to rally on the following day 70 times.  The largest following rally occurred on 08/23/11 when the issue closed higher by 12 percent.  The largest following correction occurred on 03/24/09 when the issue closed lower by -13 percent.

Read More: What happens the day after a rally?...

Based on daily Twitter $TWTR closing prices from 12/04/13 to 12/14/16 the issue rose more than five percent 48 times.  The issue continued to rally the following week 22 times.  The largest following rally occurred on 12/11/13 when the issue closed higher by 20 percent.  The largest following correction occurred on 10/12/16 when the issue closed lower by -27 percent.

Based on daily Under Armour $UAA closing prices from 11/30/05 to 07/07/16 the issue rose more than five percent 117 times.  The issue continued to rally the following week 68 times.  The largest following rally occurred on 12/28/05 when the issue closed higher by 30 percent.  The largest following correction occurred on 01/22/08 when the issue closed lower by -31 percent.

Read More: What happens the week after a rally?...