New Highs

New Highs List

Stocks that are making new highs are making those new highs for a reason.  A stock breaks through various levels of resistance because buyers believe the stock is cheap at current prices.  They would not think that unless the company has created an exciting new product, has made a discovery, has developed a cure, has greater profit than previously anticipated, or is expected to make a lot of money relatively soon.  New highs are driven by enthusiasm about a company’s prospects.  We have chosen to focus on new 6-month highs, because a stock that was higher one or more years ago is still of interest if it has not been this high for at least 6 months.  Also, stocks making 1-year highs or all-time highs will be making new 6-month highs.  This approach gives us a wider selection from which to choose.  

Here is a list of stocks that have made new 6-month closing highs, ranked by the percentage change over the latest week. Columns include the average dollar amount traded per day and the closing price.  Based on closing data as of Friday, and updated weekly.   We list up to 100 stocks, usually on Sunday.  

Stocks at 6-Month High & Week’s Change     This list was posted Fri 5/6/22
Name Sym Wk % Up Vol % Av. $/Day Close
MESA ROYALTY MTR 39.6 165 $838,793 15.85
DIREXION DAILY ENERGY BULL 2X ETF ERX 22.1 37 $480,978,645 64.40
PROSHARES ULTRA OIL & GAS ETF DIG 20.8 134 $14,465,130 161.57
DEVON ENERGY DVN 20.0 11 $877,333,752 69.69
EOG RESOURCES EOG 17.2 64 $613,045,897 132.22
PIONEER NATURAL RESOURCE PXD 16.6 34 $675,648,447 270.18
UNUM UNM 15.4 121 $90,981,295 36.31
MARATHON OIL MRO 14.2 8 $624,470,986 28.15
HESS HES 14.1 82 $303,147,149 117.25
PROSHARES ULTRASHORT NAS BIOTECH ETF BIS 13.7 134 $519,342 31.26
ISHARES US OIL GAS EXL PROD ETF IEO 12.5 40 $28,929,561 92.12
UNITED STATES GASOLINE ETF UGA 11.4 205 $7,117,771 67.75
FIRST TRUST ENERGY ALPHADEX ETF FXN 10.6 10 $52,139,986 16.69
ISHARES US ENERGY ETF IYE 10.2 28 $153,563,622 43.81
MYERS INDUSTRIES MYE 10.0 52 $3,309,401 23.53
ISHARES GLOBAL ENERGY ETF IXC 9.2 13 $40,169,682 38.47
ISHARES MSCI GLOBAL ENGY PROD ETF FILL 8.1 125 $1,761,758 24.05
POST HOLDINGS POST 8.1 83 $46,975,737 80.75
BEACON ROOFING SUPPLY BECN 6.7 31 $24,916,766 63.44
TSAKOS ENERGY NAVIGATION TNP 6.6 49 $4,272,065 13.13
SUBURBAN PROPANE PARTNERS COM UNT SPH 5.5 1 $5,253,189 17.52
MCKESSON MCK 5.1 98 $428,003,968 333.99
DIREXION DAILY SMALL CAP BEAR 3X ETF TZA 4.8 28 $532,166,519 41.45
ALTRIA GROUP MO 3.0 6 $524,285,329 56.57
PROSHARES SHORT FINANCIALS ETF SEF 2.6 133 $1,033,772 12.84
PROSHARES SHORT 7-10 YEAR TREASU ETF TBX 2.0 153 $7,016,560 27.36
PROSHARES SHORT RUSSELL 2000 ETF RWM 1.9 19 $86,233,448 24.63
PROSHARES SHORT QQQ ETF PSQ 1.6 11 $381,749,793 13.34