4 Stocks Spiking on Unusual Volume
3D Systems
3D Systems (DDD) manufactures & sells 3D content-to-print solutions and 3D printing systems. This stock closed up 4% at $65.59 on Wednesday.
Wednesday's Volume: 4.43 million
Average Volume: 2.63 million Volume % Change: 100% From a technical perspective, DDD ripped higher here right off some near-term support at $62.26 with above-average volume. This move is quickly pushing shares of DDD within range of triggering a near-term breakout trade. That trade will hit if DDD manages to take out some near-term overhead resistance at $68.44 with high volume. Traders should now look for long-biased trades in DDD as long as it's trending above $63 to $62.26, and then once it sustains a move or close above $68.44 with volume that hits near or above 2.63 million shares. If that breakout triggers soon, then DDD will set up to re-test or possibly take out its next major overhead resistance levels at $70 to $71.98. Any high-volume move above $71.98 will then push shares of DDD into new 52-week-high and all-time-high territory, which is bullish technical price action. Some possible upside targets off that move are $75 to $80 in the near future. To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Winderemere, Fla.Follow Stockpickr on Twitter and become a fan on Facebook.
Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim 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
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
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
Stocks Under $10
TRY IT FREEDavid 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
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll 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 + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur 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
