This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

8 Stocks Under $10 Moving Higher

Stocks in this article: QTWWSIGASEACSWHCSPMDIPSUAVTRHNSN

SeaChange International

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

SeaChange International (SEAC) is engaged in the delivery of multi-screen video. Its products and services facilitate the aggregation, licensing, storage, management and distribution of video, television programming and advertising content. This stock is trading up 12.5% at $7.85 in recent trading.

Today's Range: $7.01-$7.99

52-week Range: $6.92-$11.66

Volume: 116,000

Three-Month Average Volume: 127,856

Shares of SEAC are ripping higher today after the company reported net income for the third-quarter of $400,000, vs. a loss of $2.9 million in the same quarter last year. Revenue for the quarter also grew by 9% to $53.4 million from $49.1 million in the same quarter last year.

From a technical standpoint, SEAC is quickly approaching a breakout trade if the stock can manage to sustain a high-volume move and close above some past overhead resistance at its 50-day moving average of $8.07 and $8.22. At last check, the volume isn't there yet, so watch to see if the stock can close strong on volume that registers near or above 127,856 shares.

A high-volume move and close above those levels should set this stock up to re-test $8.88 to $9.14 (its 200-day moving average) in the near future.

Smith & Wesson

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Smith & Wesson (SWHC) is a global provider of products and services for safety, security, protection, and sport. This stock is trading up 11.4% at $3.71 in recent trading.

Today's Range: $3.34-$3.72

52-week Range: $2.29-$4.06

Volume: 1.6 million

Three-Month Average Volume: 424,402

>>Stocks Rising on Unusual Volume

Shares of SWHC are ripping higher today after the company reported a smaller net loss due to improvements in its security division, which it is trying to sell. (I included Smith & Wesson in a recent list of earnings short-squeeze plays.)

From a technical standpoint, SWHC is just quickly approaching a big breakout if the stock can manage to sustain a high-volume move and close above some past overhead resistance at $3.66 to $3.67. The volume today is already well above the average volume, so traders should look for a strong close above those levels.

If we get that action, look for this stock to make a run at its next significant overhead resistance levels at $4.05 to $4.20.

3 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,828.24 +0.49 0.00%
S&P 500 2,067.56 -5.27 -0.25%
NASDAQ 4,791.63 +4.3130 0.09%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs