Sycamore Networks (SCMR - Get Report) develops and markets intelligent bandwidth management solutions for fixed line and mobile network operators worldwide and provides services associated with such products. This stock is trading up 4.9% at $18.78 in recent trading.
Today's Volume: 66,000Average Volume: 83,275 Volume % Change: 68% From a technical standpoint, SCMR is starting to flirt with trading above its 50-day moving average today of $18.75. Market players should now look for long biased trades if SCMR can manage to sustain a high-volume move and close above $18.75. Volume at last check is still below the daily average of 83,275, so look for volume to improve on any close over $18.75 today or in the near future. A high-volume move and close over $18.75 should setup SCMR to re-rest its 200-day moving average of $20.25.
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