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7 Stocks Surging on Unusual Volume

Concur Technologies

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Concur Technologies (CNQR) is a global provider of on-demand employee spend management solutions. The company's software solutions enable organizations to control costs by automating the processes used to manage employee spending. The stock is trading up 11% at $52.20 in recent trading.

Today's Volume: 2,035,000

Average Volume: 528,960

Volume % Change: 662%

From a technical standpoint, this stock is starting to break out above some past overhead at $52.71 on huge volume. Market players should now watch for a sustained high-volume move and close above $52.71 to signal that this stock wants to go higher.

The volume is already there today, so look for a close over $52.71. If we get that action, then I expect this stock to re-test its May high of $58.19.

Concur was featured last month in " 5 Tech Stocks That Could Surge."
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ASCA $0.00 0.00%
CNQR $128.78 -0.02%
CSOD $27.46 0.00%
GSVC $6.00 0.00%
TNGO $7.87 0.00%


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