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YRC Worldwide(YRCWD), through its subsidiaries, provides various transportation services worldwide. This stock is trading up 10.3% at $10.31 in recent trading
Today's Volume: 67,000
Average Volume: 123,400
Volume % Change: 51%
From a technical standpoint, YRCWD is bouncing big today near some previous support levels near $9 to $9.22 on decent volume. The stock is also bouncing off of some oversold condition since its current relative strength index (RSI) reading is 38.
Market players should now watch for the next long trade to trigger if YRCWD can move above $11 to $11.41 with high-volume. A move above those levels with volume that's near or above 123,400 should set this stock up to re-test its 50-day
moving average of $12.94 in the near-term.
To see more stocks rising on unusual volume, including
Research In Motion(RIMM) and
CommVault Systems(CVLT), check out the
Stocks Rising On Unusual Volume portfolio on Stockpickr.
-- Written by Roberto Pedone in Winderemere, Fla.