Nice Systems (NICE) is a provider of solutions that enable enterprises and security organizations to extract insight from interactions, transactions and surveillance. This stock is trading up 3.4% at $31.70 in recent trading.
Today's Volume: 230,000Average Volume: 218,573 Volume % Change: 72% From a technical perspective, NICE is rebounding nicely here after the stock recently gapped down big from over $36 to under $31 with heavy volume. Following that gap down, shares of NICE went on to hit a low of $29.51. Traders should now look for long-biased trades if NICE can manage to break out above its gap down day high of $32.10 with high volume. Look for a sustained move or close above $32.10 with volume that's near or above 218,573 shares. If we get that breakout soon, then look for NICE to fill some of that gap and possibly hit $33 to $34. On the flipside, I would look for short-biased trades or avoid NICE if it fails to trigger or hold that move and then moves back below $29.51 with high volume.
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