Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum i ...

Company Overview - Orange (ORANY) currently has a Momentum Style Score of B, indicating a positive momentum characteristic [2] - The company holds a Zacks Rank of 2 (Buy), suggesting a favorable outlook compared to the market [3] Performance Metrics - Over the past week, ORANY shares increased by 1.79%, while the Zacks Wireless Non-US industry declined by 1.07% [5] - In a longer time frame, ORANY's shares rose by 15.81% over the past quarter and 44.66% over the last year, outperforming the S&P 500's gains of 11.8% and 22.87%, respectively [6] Trading Volume - The average 20-day trading volume for ORANY is 232,116 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for ORANY has increased, raising the consensus estimate from $0.83 to $0.88 [9] - For the next fiscal year, one estimate has also moved upwards, with no downward revisions during the same period [9] Conclusion - Considering the positive performance metrics and earnings outlook, ORANY is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [11]