HTGM
The Company:
HTG Molecular Diagnostics, Inc. develops and markets technology platforms that facilitate the routine use of complex molecular profiling. The company's HTG Edge and HTG EdgeSeq platforms consist of instrumentation, consumables, and software analytics that are used in molecular profiling applications, including tumor profiling, biomarker development and prospectively, and molecular diagnostic testing. The company's platforms automate the molecular profiling of genes and gene activity using its nuclease protection chemistry on various biological samples. It provides molecular profiling panels targeting late stage drug development programs with potential breakthrough therapies, such as immuno-oncology. HTG Molecular Diagnostics, Inc. distributes its instruments and consumables directly in the United States and Europe; and through distributors or sales agents in parts of Europe and internationally. The company was formerly known as HTG, Inc. and changed its name to HTG Molecular Diagnostics, Inc. in March 2011. HTG Molecular Diagnostics, Inc. was incorporated in 1997 and is based in Tucson, Arizona.
Chart Analysis:
HTGM was a former runner last Feb. 27, 2017. It had a massive performance from a low of $1.25 to a high of $3.54. That is an impressive gain of $2.29 in a single day in a volume of 19.79 Million shares compared to regular volume of less than 100K shares. That was also the time it broke the $2.00 whole number resistance which it was trying to break for 4months from Nov. 2016.
If you look at the daily chart with 200SMA on it. HTGM actually tried to breakout the 200SMA. It failed once last Oct. 18, 2016 and it tried doing the breaking it out once more last Feb. 27, 2017, 4 months after the 1st breakout. That secondary breakout failed again last March 10, 2017 but today it surged up breaking out 3 things:
The Company:
HTG Molecular Diagnostics, Inc. develops and markets technology platforms that facilitate the routine use of complex molecular profiling. The company's HTG Edge and HTG EdgeSeq platforms consist of instrumentation, consumables, and software analytics that are used in molecular profiling applications, including tumor profiling, biomarker development and prospectively, and molecular diagnostic testing. The company's platforms automate the molecular profiling of genes and gene activity using its nuclease protection chemistry on various biological samples. It provides molecular profiling panels targeting late stage drug development programs with potential breakthrough therapies, such as immuno-oncology. HTG Molecular Diagnostics, Inc. distributes its instruments and consumables directly in the United States and Europe; and through distributors or sales agents in parts of Europe and internationally. The company was formerly known as HTG, Inc. and changed its name to HTG Molecular Diagnostics, Inc. in March 2011. HTG Molecular Diagnostics, Inc. was incorporated in 1997 and is based in Tucson, Arizona.
Chart Analysis:
HTGM was a former runner last Feb. 27, 2017. It had a massive performance from a low of $1.25 to a high of $3.54. That is an impressive gain of $2.29 in a single day in a volume of 19.79 Million shares compared to regular volume of less than 100K shares. That was also the time it broke the $2.00 whole number resistance which it was trying to break for 4months from Nov. 2016.
If you look at the daily chart with 200SMA on it. HTGM actually tried to breakout the 200SMA. It failed once last Oct. 18, 2016 and it tried doing the breaking it out once more last Feb. 27, 2017, 4 months after the 1st breakout. That secondary breakout failed again last March 10, 2017 but today it surged up breaking out 3 things:
- It broke out the $2.00 Whole number resistance.
- It broke out with a huge gap up the 200SMA(Simple Moving Average)
- It broke out the former high of the 3rd 200SMA breakout.
If this is a concert. There will be a lot of attendees the next day to watch this strong move.
As you can see it created Higher Highs and Higher lows. Price Channel is now pointing upward. If this is a concert a lot of people must be attending to this. No wonder we have a massive 19.7M shares traded.
Now for the Questions:
- Where did I get this data and How did I get this data? I created a Percent Gainer Scooper made in Excel to extract data for me of the stocks that have been gaining during the day in yahoo Finance (https://finance.yahoo.com/gainers) (I have a youtube channel I created to teach people how to make that scooper. If you are interested shoot me an email at noeljltd@gmail.com. Aside from just scooping data from yahoo finance the spreadsheet can actually make data comparison from 1 time frame to another so you can easily know if 1 stock had been surging or not.)
- How did I get an immediate extract? Because when you pull out percent gainers in yahoo finance you will end up a lot of stocks with different price range and volume so it is a lot harder for you to sort out what you really need. With the Scooper which I added auto filtration and data comparison I am able to sort things out quickly based on what I am looking for.
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