When SINA opens with 10% or more Gap Up

When SINA opens with 10% or more Gap Up

with SINA Corp ($SINA) opening at 59.53 with a gap up opening of 18.35% , below we looked at where the SINA stock closes from  where it opened when ever it opens with a 10% or more gap up since the stock went to IPO

Below the 10% ore more gap up openings on $SINA , and how SINA  fared from open to close.

As can be  seen in the table below

  • this is the 18th instance where SINA is opening with 10% or more gap up opening.
  • 15/17 (83%) times the closed down from where it opened
  • the average change % from Open till Close is  -2.71%
  • the median change% from Open till Close is -3.65%
  • The average change% if the stock closes up from Open is  8.12 %
  • The average change% if the stock closes down from Open is -5.03 %

SINA 10% or more gap up openings since Apr 2000

SINA 10% or more Gap up Openings

 fade that 10% or more gap up opening of $SINA if you can tolerate a max loss of 10.54% like the one happened way back on 5th Jan 2001.

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