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

5 Stocks Spiking on Big Volume

Stocks in this article: AGOCNXJCPDGXDPM

Average Volume: 1.35 million

Volume % Change: 180%

Shares of AGO are moving higher today after MKM Partners maintained its buy rating and $28 12-month price target on the stock, despite the fact that Moody's Investors Service downgraded its rating on the stock to A2 from Aa3.

From a technical perspective, AG is ripping higher here right off its 50-day moving average of $14.16 with heavy upside volume. This move is quickly pushing shares of AGO within range of triggering a major breakout trade. That trade will hit if AGO manages to clear some key overhead resistance levels at $15.72 to $15.83 with high volume.

Traders should now look for long-biased trades in AGO as long as it's trending above its 50-day at $14.16, and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.35 million shares. If that breakout triggers soon, then AGO will set up to re-test or possibly take out its next major overhead resistance levels at $16.50 to $17. Any high-volume move above $17 will then give AGO a chance to re-fill some of its previous gap down zone from last March that started near $19.

Consol Energy

Consol Energy (CNX) is a multi-fuel energy producer and energy services provider that mainly serves the electric power generation industry in the U.S. This stock is trading up 4% at $31.85 in recent trading.

Today's Volume: 4.70 million

Average Volume: 2.71 million

Volume % Change: 89%

Shares of CNX are trending higher today after the company said its mines and gas operations ran well during the quarter.

From a technical perspective, CNX is spiking higher here back above its 200-day moving average of $31.46 with heavy upside volume. This move is quickly pushing CNX within range of triggering a near-term breakout trade. That trade will hit if CNX manages to take out its 50-day moving average of $32.20 and some more overhead resistance at $33 with high volume.

Traders should now look for long-biased trades in CNX as long as it's trending above its 200-day at 31.46, and then once it sustains a move or close above those breakout levels with volume that this near or above 2.71 million shares. If that breakout triggers soon, then CNX will set up to re-test or possibly take out its next major overhead resistance levels at $35.27 to $37.01.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link 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

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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 16,566.58 +166.91 1.02%
S&P 500 1,931.99 +27.98 1.47%
NASDAQ 4,389.4430 +73.3690 1.70%

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