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

6 High-Volume Stocks With Relative Strength

Lufkin Industries

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

Get Adobe Flash player

Lufkin Industries (LUFK) is a global supplier of artificial lift products, technology, services and solutions, including automated control equipment and analytical products for artificial lift equipment, to the oil and gas industry. This stock is trading up 3.5% at $57.82 in recent trading.

Today's Volume: 408,000

Average Volume: 429,586

Volume % Change: 59%

From a technical perspective, LUFK is moving sharply to the upside here with decent volume, and this stock has started to take out its 50-day moving average of $56.43.

Traders should continue to look for long-biased trades as long as LUFK is trending above its 50-day with strong upside volume flows. I would consider any upside volume day that registers near or above 429,586 shares as bullish. If LUFK can hold this trend above its 50-day, then this stock could continue to spike higher and possibly take out its next significant overhead resistance levels at $60.20 to $61.87. If those levels are taken out with volume, then LUFK could re-test its 200-day moving average of $67.03.

6 of 7

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
ALGN $58.59 -1.00%
CBST $101.94 0.14%
SNDK $67.67 -0.37%
SLM $10.22 -0.29%
AAPL $132.65 1.82%

Markets

DOW 18,037.97 -42.17 -0.23%
S&P 500 2,108.92 -8.77 -0.41%
NASDAQ 5,060.2460 -31.8390 -0.63%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs