Willl mstr stick be a good candidate stick for this type of investment strategy tiday
10/21/2024 06:24pm
**Microstrategy (MSTR) does not meet the criteria for high volatility trading** based on the screening criteria you provided. Here are the reasons why:
1. **Average True Range (ATR)**: MSTR's ATR value is 16.34, which is lower than the 2 you specified.
2. **Relative Strength Index (RSI)**: MSTR's RSI value is 74.16, which is above 70, indicating an overbought condition, but it does not meet the 70+ threshold you mentioned.
3. **Trading Volume**: MSTR's trading volume is 22.81 million shares, which is significantly higher than the 1 million shares you specified.
Given these points, MSTR does not align with the high volatility criteria you provided. However, it's important to note that high volatility does not necessarily mean it won't be a good candidate for trading. Other factors such as market trends, news, and technical indicators should also be considered.