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Nice-Systems(NICE - Get Report) is a provider of solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance. This stock is trading up 1.6% at $32.41 in recent trading
Today's Volume: 465,000
Average Volume: 226,569
Volume % Change: 333%
From a technical standpoint, NICE is starting to catch a bid today on heavy volume off its recent low of $31.26. Market players should now look for this stock to continue its uptrend towards its 50-day moving average of $33.92 and 200-day of $34.03, as long as $31.26 holds as the near-term low.
Shares of NICE recently had a huge volume down day of 716,500 shares. That big volume down day might have marked a near-term bottom in the stock, again, as long as $31.26 holds.
To see more stocks rising on unusual volume, including
Buffalo Wild Wings(BWLD) and
United Rentals(URI), check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.