QuantifiedAlpha.com
Short

20-day Technical Downside in GMCR

NASDAQ:GMCR   KEURIG GREEN MTN INC
82 3 1
+ Currently below all three moving averages (20-day, 50-day, & 200-day). Academically proven that future returns will be weak moving forward.

+ Too liquid to benefit from the return reversal effect, so it being oversold shouldn't impact returns.

+ The stock's low volatility makes technical analysis less effective, but our quant model has indicated likely downside.

Likely 20-day price scenario of $64 to $72. Price target of $68.50 before next earnings release
"Academically proven that future returns will be weak moving forward. "
Do you have a link for that? I would like to read it
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http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1656460
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ITM.Trading QuantifiedAlpha.com
thanks!
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