This Day On The Street
Continue to site
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

5 Tech Stocks Rising on Big Volume

Azpen Technology

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

Get Adobe Flash player

Azpen Technology (AZPN) is a provider of process optimization software solutions, which are designed to manage and optimize plant and process design, operational performance, and supply chain planning. This stock is trading up 2% at $24.20 in recent trading.

Today's Volume: 686,000

Average Volume: 504,042

Volume % Change: 165%

Shares of AZPN are moving notably higher today after Cowen noted the company's strong revenue and free cash flow, solid execution, and potential in an under-penetrated opportunity in the manufacturing/supply chain business. Cowen also noted its likelihood as a takeover candidate and reasonable valuation.

>>5 Hated Stocks Poised to Pop on Earnings

From a technical perspective, AZPN is ripping higher here right off some near-term support at $23.50 with above average volume. This move has pushed AZPN into breakout territory, since the stock has taken out some near-term overhead resistance at $23.94. This spike has also pushed AZPN to a new 52-week high of $24.92. At last check, AZPN has hit an intraday high of $24.92 but it has since then pulled back to around $24.20.

Traders should now look for long-biased trades as long as AZPN can maintain a trend above today's low of $23.44 with strong upside volume flows. I would consider any upside volume day that registers near or above 504,042 shares as bullish. If AZPN can hold that trend, then this stock a decent chance of hitting $30 in the near future. Keep in mind that APZN also has a ton of previous support at around $22.

As of the most recently reported quarter, Azpen was one of George Soros' holdings.
4 of 6

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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 -1.15%
AZPN $38.03 -0.08%
ELLI $83.60 -6.80%
SOHU $44.93 -0.20%
SFLY $45.98 -1.22%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs