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Tuesday, February 14, 2012

Breakout of the Day - TNGO

Stock = Tangoe, Inc. (TNGO)
Industry group = Computer Software & Services
Sub-industry group = Business Software & Services
Industry group ranking = 20 out of 31
Price per share (<$20) = $17.69
Price percent change today (>4%) = 13.69%
Strong breakout candle = Yes
Large gap from previous day's close = No
Recent price consolidation = Yes
Volume (>100,000) = 1.6 million
Today's volume greater than yesterday = Yes
Volume to SMA50 volume ratio (>1.5) = 7.49
Dollar volume (>100,000) = 27.8 million
Latest float (<70 million) = 11.8 million
Percent shares owned by institution (<70%) = 49%
Breakouts in past 5 days = No  


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