This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

8 Stocks Surging on Big Volume

True Religion Apparel

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

True Religion Apparel (TRLG) designs, markets, sells and distributes premium fashion apparel, centered on its core denim products using the brand name True Religion Brand Jeans. This stock is trading up 5.9% at $29.54 in recent trading.

Today's Volume: 1.2 million

Average Volume: 556,992

Volume % Change: 291%

>>7 Hot Stocks on Traders' Radars

Shares of TRLG are moving notably higher today after the company said first quarter net income jumped 16% as it opened new stores and sales at its established stores improved. The company also announced a dividend and authorized a $30 million share repurchase program.

From a technical perspective, TRLG is ripping higher here and is now trading right beneath its 200-day moving average of $30.69 on monster volume. This move has pushed the stock well into its mid-February gap-down from over $36 to around $29.

Traders should now look for long-biased trades if TRLG can manage to sustain a move or close back above its 200-day with high-volume. Look for volume on that move that's near or well above 556,992 shares. If we get that action, then I expect TRLG to continue to fill that gap and possibly get back to $36.

Keep in mind that it's important for TRLG to maintain a trend above its 200-day with strong upside volume flows, to raise the probability of filling the rest of the gap.

3 of 8

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
TRLG $0.00 0.00%
CATM $37.87 0.00%
GSVC $9.79 0.00%
GRMN $46.19 0.00%
NUVA $43.99 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs