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Trending stocks and investment factors – November 18, 2024

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Trending investment indicators

The most profitable investment factor

The most earning factor (indicator) over the last week was MINUS DI 22. This is an indicator from the Momentum category, which quantifies downward movement. Signal direction is down, i.e. stocks with low value in the indicator outperform those with high value. For this reason, you can see a downward curve on the chart.

Analysis of the indicator MINUS DI 22

Long-term Signal strength (T-Stat) is low (0.4384). Statistical confidence is also insignificant (66.9316%).

Stocks with the highest indicator value

In the calculation for November 2024, WFC (Wells Fargo & Co), BKNG (Booking Holdings), and V (Visa) have the lowest factor value within the S&P 100 universe.

In the Factor investing app, you can find over 1,000 investment indicators and their values for all S&P 500 stocks.

Trending stocks

The most trending ticker in terms of the amount of articles written is still TSN (Tyson Foods). The company continues to hold its position in the amount of positive articles as well. The biggest change in the amount of negative articles over the past week was seen by AAP (Advance Auto Parts).

You can find all trends, articles, and sentiments for each stock in the Market Sentiment app for free.

The article is based on Close data from November 15, 2024.