2 Mean Reversion Trading Ideas for active traders

COUPA SOFTWARE INC (COUP)       64.435   +1.2 (+1.89%)


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2 Mean Reversion Trading Ideas for active traders7 months ago - Chartmill

The base screen used to identify these stocks is part of a mean reversion trading strategy, intended for active technical investors engaged in swing or day trading.

ALGOMA STEEL GROUP (NASDAQ:ASTL)

ALGOMA STEEL GROUP engages in the production of hot and cold rolled steel products. The company is headquartered in Sault Ste. Marie, Ontario. Ltd., is a Canada-based company, which is an integrated producer of hot and cold rolled steel products with its operations located in Canada. The company produces sheet and plate products that are sold primarily to customers in Canada and Midwest United States of America. The firm has a raw steel production capacity of an estimated 2.8 million tons per year.



COUPA SOFTWARE (NASDAQ:COUP)

COUPA SOFTWARE engages in the provision of business spend management (BSM) solutions. The firm offers cloud-based BSM platform that has connected its customers with suppliers globally. The company provides visibility into and control over how companies spend money, optimize supply chains, and manage liquidity. The Company’s BSM platform delivers a range of capabilities that would typically require the purchase and use of multiple disparate point applications.



The ChartMill Team



Disclaimer: These trading ideas are merely to demonstrate what ChartMill is capable of and shows some typical results of a breakout filter. It is in no way actual financial advise to invest or trade in these stocks. The author has no pre-existing position in any of these stocks.

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COUP News

News Imagea day ago - BusinessInsiderCoupa Named a Leader For the Seventh Consecutive Time in 2022 Gartner® Magic Quadrant™ Leader for Procure-to-Pay Suites

Continuing to drive value through Business Spend Management for global organizationsSAN MATEO, Calif., Nov. 30, 2022 /PRNewswire/ -- Coupa Softwar...

News Imagea day ago - Coupa SoftwareCoupa Named a Leader For the Seventh Consecutive Time in 2022 Gartner® Magic Quadrant™ Leader for Procure-to-Pay Suites

/PRNewswire/ -- Coupa Software (NASDAQ: COUP) today announced that it has been named a Leader in the 2022 Gartner Magic Quadrant for Procure-to-Pay Suites* for...

News Image3 days ago - The Motley FoolIs It Too Late to Buy Coupa Software Stock?

The struggling software company might be a takeover target.

News Image6 days ago - The Motley FoolWhy Coupa Software Is Rocketing Higher This Week

The business management software specialist could be going private.

News Image6 days ago - Seeking AlphaCoupa Software could see $80/share in a potential takeout - analysts (NASDAQ:COUP)

Coupa Software (COUP) could see a takeout price of $80/share in a possible acquisition, according to Raymond James, after a report Wednesday that a buyout group has held talks with...

News Image8 days ago - The Motley Fool2 Stocks Soaring on M&A Speculation

Bear market bargains are often too good for would-be acquirers to pass up.

News Image8 days ago - Market News VideoCoupa Software Larger Than S&P 500 Component Ralph LaurenNews Image8 days ago - Seeking AlphaWhy did Coupa stock boom today? Private equity firm may bid for company (NASDAQ:COUP)

Coupa Software (COUP) shares soared on Wednesday, gaining nearly 29% to close at $58.93 after it was reported that private equity firm Vista Equity was looking into buying the...

News Image8 days ago - ChartmillWhich stocks are moving on Wednesday?

Let's have a look at the top gainers and losers one hour before the close of the markets of today's session.

News Image8 days ago - Seeking AlphaCoupa Software stock jumps 10% on report Vista Equity exploring takeover (NASDAQ:COUP)

Coupa Software (COUP) soared 10% on a report that private equity firm Vista Equity is exploring a possible purchase.Vista has held discussions with Coupa (COUP), according to traders,...

News Image8 days ago - Seeking AlphaCoupa Software stock jumps 35% on report Vista Equity exploring takeover (NASDAQ:COUP)

Coupa Software (COUP) soared 10% on a report that private equity firm Vista Equity is exploring a possible purchase.Vista has held discussions with Coupa (COUP), according to traders,...

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