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Monday, March 12, 2012

Breakout of the Day - TISA

Stock = Top Image Systems Ltd (TISA)
Industry group = Computer Hardware
Sub-industry group = Computer Peripherals
Industry group ranking = 3 out of 31
Price per share (<$20) = $3.49
Price percent change today (>4%) = 11.86%
Strong breakout candle = Yes
Large gap from previous day's close = No
Recent price consolidation = Yes
Volume (>100,000) = 475,000
Today's volume greater than yesterday = Yes
Volume to SMA50 volume ratio (>1.5) = 4.63
Dollar volume (>100,000) = 1.7 million
Latest float (<70 million) = 7.1 million
Percent shares owned by institution (<70%) = 12%
Breakouts in past 5 days = No


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