Parexel International (PRXL) is a biopharmaceutical services company, providing a range of expertise in clinical research, medical communications, consulting, and advanced technology products and services to the worldwide pharmaceutical, biotechnology, and medical device industries. This stock is trading up 1.4% at $27.62 in recent trading.
Today's Volume: 297,000Average Volume: 428,164 Volume % Change: 50% From a technical perspective, PRXL is advancing modestly today and decent volume, and the stock has managed to print a new 52-week high at $28.74. This move has also pushed the stock within range of triggering a big breakout trade. That trade will hit once PRXL can manage to sustain high-volume move and close above some past overhead resistance at $27.91. Traders should now look for PRXL to close above $27.91 and hear its daily highs with volume that's near or well above 428,164 shares. If we get that action soon, then look for PRXL to move above $30 in the near future. Follow @stockpickr
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