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New Stocks Break Out as Volatility Fades
David Russell
September 11, 2025

Downloads are available here. TradeStation’s ideas on TradingView are available here.

Next presentation: State of the Market on Monday, 9/15. (See Events page for more.)

Sizing Up the Market

  • S&P 500 inching higher amid low volatility
  • New record closing high of 6532
  • 9-day rate of change (ROC) stays positive
  • Wilder’s Relative Strength Index (RSI) above 50
  • Intermarket: 10-year Treasury lowest since early April

S&P 500, daily chart, with select patterns and indicators.

New Highs in New Stocks

Examples found with techniques listed below:

  • BE: Fuel cells for data centers
  • CCJ: Pure-play uranium miner
  • CRDO: Fiber optics for data centers/AI
  • FN: Fiber optics for data centers/AI
  • CIEN: Fiber optics for data centers/AI
  • SNDK: Data storage
  • U: Adtech for mobile games
  • CPNG: South Korean e-commerce
  • RDDT: Future member of the S&P 500?
  • PH: Old industrial with liquid cooling for data centers

Finding New Stocks

  • Days Since 52wk HL (in zip file): displays days since highs. Can be used in RadarScreen or Scanner
  • Distance from 52 Week High (in zip file): Plots today’s high against the 52-week high (as of last close)
  • Scanner: Scanner Price → % of 52 Wk High/Low
    • Plots current price relative to entire 52-week range (from 0 to 100)
  • !IPO_tool (in zip file): displays days of history
    • Reference against these values:
      • RadarScreen: Customize → General “Additional bars to load”
      • Scanner: + → Load additional data
  • Hot Lists:
    • Equities → Price Lists → Approaching 52Wk High%
    • Equities → Price Lists → Approaching 52Wk High$

Upcoming Events

  • Earnings tonight: ADBE
  • Fri 9/12: Consumer sentiment
  • Tue 9/16: Retail sales, industrial production, NAHB housing index
  • Wed 9/17: Housing starts, crude-oil inventories, ** Fed meeting + dotplot **
  • Thu 9/18: Initial jobless claims
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About the author

David Russell is Global Head of Market Strategy at TradeStation. Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.