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Zoom Technologies(ZOOM) is engaged in design, production, marketing, sales, and support of broadband and dial-up modems, voice over Internet Protocol or (VoIP) products and services, Bluetooth wireless products, and other communication-related products. This stock is trading up 3.9% to $1.33 in recent trading.
Today's Range: $1.29-$1.40
52-Week Range: $0.740-$5.08
Three-Month Average Volume: 322,019
From a technical standpoint, ZOOM is trading right up against some key near-term breakout levels today on decent volume. Market players should keep an eye on ZOOM for a breakout trade if the stock can manage to sustain a high-volume move and close above $1.29 to $1.35.
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Look for volume if we get that move that's near or above 322,019 shares. Target a run back towards $1.69 or potentially its 200-day average of $2.09 if that breakout gets triggered in the near future.