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
TheStreet Open House

8 Stocks Soaring on Unusual Volume

DexCom (DXCM)

This company designs, develops and commercializes continuous glucose monitoring systems for ambulatory use by people with diabetes and for use by healthcare providers in the hospital for the treatment of both diabetic and non-diabetic patients. This stock is trading up 3.7% at $13.57 in recent trading.

Today's Volume: 533,000

Average Volume: 431,198

Volume % Change: 135%

From a technical perspective, DXCM is ripping higher here right below its 50-day moving average of $13.56 with above-average volume. This stock recently formed a double bottom at around $12.03 to $12.05 and right above its 200-day at $12.01. This move today is quickly pushing DXCM within range of triggering a near-term breakout trade. That trade will hit once DXCM manages to take out its 50-day at $13.56 and then it clears some near-term overhead resistance at $14.29 with high volume.

Traders should now look for long-biased trades in DXCM as long as it's trending above its 50-day at $13.56, and then once it sustains a move or close above $14.29 with volume that hits near or above 431,198 shares. If that breakout triggers soon, then DXCM will set up to re-test or possibly take out its next major overhead resistance levels at $15 to $15.48. Any move above $15.48 will then put $15.77 to $16.91 into focus for shares of DXCM.

Dell (DELL)

This company offers a range of technology solutions, including servers and networking products, storage products, services, software and peripherals, mobility products, and desktop PCs. This stock is trading up 5.3% at $10.16 in recent trading.

Today's Volume: 37.15 million

Average Volume: 21.16 million

Volume % Change: 208%

Shares of DELL are soaring higher today after a Goldman Sachs analyst raised his rating and price target on the stock. The analyst said that there may be too much skepticism over the personal computing segment. The analyst raised his rating on DELL to buy from sell and increased its price target to $13 from $9.

From a technical perspective, DELL is gapping sharply higher here right off its 50-day moving average of $9.58 with monster upside volume. This stock has been downtrending badly for the last three months, with shares sliding lower from a high of $12.67 to its recent low of $8.69. During that move, shares of DELL were consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of DELL are now moving back above its 50-day and pushing within range of triggering a near-term breakout trade. That trade will hit once DELL manages to take out some near-term overhead resistance at $10.75 with high volume.

3 of 5

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 17,286.22 +20.23 0.12%
S&P 500 2,013.33 +1.97 0.10%
NASDAQ 4,588.7530 -4.6720 -0.10%

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