(AMSG - Get Report)
This company is engaged in developing, acquiring and operating ambulatory surgery centers in partnership with physicians throughout the United States. This stock is up 2.7% at $28.73 in recent trading.
Today's Volume: 338,000
Average Volume: 137,855
Volume % Change: 255%
From a technical perspective, AMSG is spiking back above its 50-day moving average of $27.79 here, on above-average volume. This move is pushing the stock within range of triggering a near-term breakout trade. That trade will hit once AMSG takes out some near-term overhead resistance at $29.03 to $29.78 with high volume.
Traders should look for long-biased trades off a sustained move or close above those levels with volume that's near or above 137,855 shares. If we get that action soon, then AMSG should have no problem with trading north of $30.