This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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 Spiking on Big Volume

Stocks in this article: VE OSIS RJET SSYS

Today's Volume: 2.98 million

Average Volume: 835,052

Volume % Change: 490%

Shares of SSYS are soaring higher here after the company posted a loss for its fourth quarter but beat Wall Street earnings estimates and issued a full-year sales forecast that ranged higher than analysts were expecting.

From a technical perspective, SSYS is gapping sharply higher here back above its 200-day moving average of $64.21 with heavy upside volume. This gap up has at least briefly stopped the stock's downtrend over the last month, which took shares of SSYS lower from $84.10 to $60.20. This move is quickly pushing shares of SSYS within range of triggering a near-term breakout trade. That trade will hit if SSYS takes out its intraday high of $72.69 with high volume.

Traders should now look for long-biased trades in SSYS as long as it's trending above today's low of $67.53, and then once it sustains a move or close above $72.69 with volume that hits near or above 835,052 shares. If that breakout hits soon, then SSYS will set up to re-test or possibly take out its 50-day moving average of $78.08.

OSI Systems

OSI Systems (OSIS) is engaged in the design and manufacture of electronic systems and components for critical applications. This stock is trading up 3.7% at $59.73 in recent trading.

Today's Volume: 542,000

Average Volume: 242,082

Volume % Change: 181%

From a technical perspective, OSIS is ripping higher here and breaking out above some near-term overhead resistance at $57.87 with above-average volume. This move has also pushed shares of OSIS right into its 50-day moving average of $61.26. At last check, OSIS has hit an intraday high of $61.35 with volume that's well above its three-month average action of 242,082 shares. Shares of OSIS are now starting to move within range of triggering a near-term breakout trade. That trade will hit if OSIS manages to take out its 50-day at $61.26 with high volume.

Traders should now look for long-biased trades in OSIS as long as it's trending above $57.87 and then once it sustains a move or close above its 50-day at $61.26 and at $61.35 with volume that hits near or above 242,082 shares. If that breakout triggers soon, then OSIS will set up to re-test or possibly take out its gap down day high of $64.19. Any high-volume move above $64.19 will then give OSIS a chance to re-fill some of its gap down zone from January that started at $72.

2 of 3

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!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

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