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 Roaring Higher on Unusual Volume

BPZ Resources (BPZ)

This is an independent oil and gas company focused on the exploration, development and production of oil and natural gas in Peru and Ecuador. This stock is trading up 6.4% to $2.96 in recent trading.

Today's Range: $2.72-$2.97

52-Week Range: $2.01-$4.64

Volume: 960,000

Three-Month Average Volume: 466,774

From a technical perspective, BPZ is trending higher here back above its 200-day moving average of $2.87 with above-average volume. This move is quickly pushing shares of BPZ within range of triggering a near-term breakout trade. That trade will hit if BPZ can manage to clear some near-term overhead resistance levels at $2.99 to $3 with high volume.

Traders should now look for long-biased trades in BPZ as long as it's trending above its 200-day at $2.61, and then once it sustains a move or close above those breakout levels with volume that hits near or above 466,774 shares. If that breakout triggers soon, then BPZ will set up to re-test or possibly take out its next major overhead resistance level at $3.40. Any high-volume move $3.40 will then put $3.60 to $4 into focus for shares of BPZ.

MPG Office Trust (MPG)

This company is a self-administered and self-managed real estate investment trust (REIT), and it operates as a REIT for federal income tax purposes. The stock is trading up 3.3% to $3.05 in recent trading.

Today's Range: $2.95-$3.05

52-Week Range: $1.66-$3.81

Volume: 155,000

Three-Month Average Volume: 213,602

From a technical perspective, MPG is ripping higher here back above its 50-day moving average of $2.96 with decent volume. This move has also started to push MPG into breakout territory, since the stock has taken out some near-term overhead resistance levels at $2.94 to $3. At last check, MPG has hit an intraday high of $3.05 and volume is just a bit below its three-month average action of 213,602 shares.

Traders should now look for long-biased trades in MPG as long as it's trending above its 200-day at $2.66, and then once it sustains a move or close above those breakout levels with volume that hits near or above 213,602 shares. If MPG can maintain that trend, then the stock will set up to re-test or possibly take out its next major overhead resistance levels at $3.44 to $3.52. Any high-volume move above those levels will then put $3.60 to $3.80 into focus for shares of MPG. .

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 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

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