Full throttle for these 3 stocks as uptrends break new ground

Published: November 25 2022, 08:20 GMT+0

Full throttle for these 3 stocks as uptrends break new ground

GoHealth, Inc., MICT, Inc., Mirati Therapeutics, Inc. are the ones to notice as they lead stocks on an uptrend.

Markets were up Wednesday; Nasdaq closed the day at 11,300, having gained 0.99%. S&P 500 ended the session at 4,027.26 after a 0.59% gain.

What is an uptrend?

A trend is the overall direction of a market or an asset's trading price over a certain period. An uptrend is when the price is generally pointing upwards; there can be certain periods of time when the price falls, yet the trend remains in an upward direction.

An 8 day, 2,270% uptrend: GoHealth opened at $8.85 Wednesday before posting solid session gaining 2.03%

GoHealth, Inc. is on an 8 day uptrend, gaining a total of 2,270%. Wednesday's session pointed in the same direction — generally flat but with a slight bullish bias, GoHealth ranged between $8.77 and $9.39 before closing higher at $9.03. Wednesday's trading volume was 130,803 shares which is under the 21-day average of 1.33 million.

A 15 day, 86.15% rise: MICT closes at $1.21 after gaining 15.24%

MICT is on a 15 day bullish run gaining 40 cents (86.15%). it was more of the same for MICT Wednesday — after closing Tuesday at $1.05, Micronet Enertec Technologies closed at $1.21 Wednesday after climbing to $1.22 and dropping back down. Daily trading volume (1.30 million shares) increased, making up 430% of the 21-day average (301,440).

Soars for 12 days and going up 61.26%: Wednesday Mirati Therapeutics increased by 11.31%, ended the session at $95.85

12 days and $26.67 of gains were not enough. Wednesday's session pointed in the same direction — the biotechnology developer went up to $95.85, gaining 11.31%. Daily trading volume (2.83 million shares) increased, making up 213% of the 21-day average (1.33 million).

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