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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

4 Stocks Rising On Unusual Volume

Transocean

Transocean (RIG) is an international provider of offshore contract drilling services for oil and gas wells. This stock is trading up 4.2% at $48.01 in recent trading.

Today's Volume: 4.90 million

Average Volume: 3.47 million

Volume % Change: 154%

From a technical perspective, RIG is gapping up sharply higher here right through both its 50-day at $46.79 and its 200-day at $47.77 with above-average volume. This move is quickly pushing RIG within range of triggering a near-term breakout trade. That trade will hit once RIG manages to clear some near-term overhead resistance levels at $49 to $50.38 with high volume.

Traders should now look for long-biased trades in RIG as long as it's trending above its 200-day at $47.77, and then once it sustains a move or close above those breakout levels with volume that hits near or above 3.47 million shares. If that breakout triggers soon, then RIG will set up to re-test or possibly take out its next major overhead resistance levels at $52.25 to $56.36 in the near future.

Vivus

Vivus (VVUS) is a biopharmaceutical company engaged in the development and commercialization of therapeutic products for large underserved markets. This stock is trading up 2.3% at $14.66 in recent trading.

Today's Volume: 3.72 million

Average Volume: 3.00 million

Volume % Change: 140%

From a technical perspective, VVUS is moving notably higher here with above-average volume. This small bounce is coming after VVUS recently plunged during the last few weeks from $23.59 to a $13.50. That sharp move lower has now pushed shares of VVUS into oversold territory, since the stock sports a relative strength index (RSI) of 25.85. Oversold can always get more oversold, but it's also an area to watch for explosive bounces. Shares of VVUS are now trending within range of triggering a near-term breakout trade. That trade will hit once VVUS takes out some near-term overhead resistance at $15.40.

Traders should now look for long-biased trades in VVUS as long as it's trending above today's low of $13.50, and then once it sustains a move or close above $15.40 with volume that hits near or above 3 million shares. If that breakout triggers soon, then VVUS could bounce sharply back towards its 50-day moving average of $20.44 or possibly even higher.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,880.36 -31.75 -0.19%
S&P 500 1,970.07 +0.12 0.01%
NASDAQ 4,462.9020 +20.2040 0.45%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs