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Evaluating NASDAQ100 Stocks Breaking 20 day High

 

Broke Record Day: 2024-10-31

 

After Market Day: 2024-11-01

- NASDAQ100: +0.72%

 

1. BKR:

- 2024-10-31: 38.08 (+1.57%)

-- Vol. change: +36.45%

- 2024-11-01: 37.85 (-0.60%)

 

2. BKNG:

- 2024-10-31:  (+4.76%)

-- Vol. change: +60.28%

- 2024-11-01: (+1.56%)

 

 

3. CMCSA:

- 2024-10-31: (+3.39%)

-- Vol. change: +27.85%

 

- 2024-11-01: (-0.25%)

 

4. DASH:

 

- 2024-10-31: (+0.93%)

-- Vol. change: (+43.07%)

 

- 2024-11-01: (-0.66%)

 

Feedback: stocks should be evaluted in large numbers

- Probability of strong upward trend only has meaning when calculated for a great number of cases

 

CTA: this strategy needs to be backtested

- only need to backtest cases when volumn change is meaningful