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
TheStreet Open House

4 Stocks Spiking on Big Volume

Stocks in this article: IMMRCSTELGFCLMS

CaesarStone Sdot-Yam

CaesarStone Sdot-Yam (CSTE) manufactures engineered quartz surfaces used in both residential and commercial buildings as countertops, vanities, wall cladding, floors and other interior surfaces. This stock closed up 2.7% to $25.40 on Monday.

Monday's Volume: 150,000

Average Volume: 62,490

Volume % Change: 110%

From a technical perspective, CSTE bounced higher here right above some near-term support at $24.18 with above-average volume. This stock has been uptrending strong for the last six months, with shares soaring higher from its low of $14.07 to its recent high of $25.75. During that move, shares of CSTE have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CSTE within range of triggering a near-term breakout trade. That trade will hit if CSTE manages to take out its all-time high at $25.75 with high volume.

Traders should now look for long-biased trades in CSTE as long as it's trending above $24.18 to $23 and then once it sustains a move or close above $25.75 with volume that hits near or above 62,490 shares. If that breakout hits soon, then CSTE will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $30 to $32.

Lions Gate Entertainment

Lions Gate Entertainment (LGF) is an entertainment company with a presence in motion picture production and distribution, television programming and syndication, home entertainment, new channel platforms and international distribution and sales. This stock closed up 3.9% at $23.20 on Monday.

Monday's Volume: 2.70 million

Average Volume: 1.85 million

Volume % Change: 103%

From a technical perspective, LGF bounced higher here right above some near-term support at $22 with heavy upside volume. This stock has been uptrending strong for the last four months, with shares ripping higher from its low of $15.26 to its recent high of $23.45. During that move, shares of LGF have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of LGF within range of triggering a near-term breakout trade. That trade will hit if LGF manages to take out its 52-week high of $23.45 with high volume.

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!
DOW 16,461.32 -153.49 -0.92%
S&P 500 1,927.11 -14.17 -0.73%
NASDAQ 4,382.8470 -36.6310 -0.83%

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