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

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 4.1% to $55.70 in recent trading.

Today's Volume: 994,000
Average Volume: 285,882
Volume % Change: 386%

Shares of OSIS are ripping higher here after the company reported lower revenue but higher gross profit for the quarter.

>>5 Hated Earnings Stocks That Deserve Your Love

From a technical perspective, OSIS is surging higher here with above-average volume. This stock has been downtrending badly for the last month and change, with shares dropping from its high of $66.18 to its recent low of $48.10. During that move, shares of OSIS have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of OSIS now look to have broken its downtrending chart pattern and the stock is quickly moving within range of triggering a near-term breakout trade. That trade will hit if OSIS manages to take out some near-term overhead resistance levels at $55.87 to $59.44 with high volume.

Traders should now look for long-biased trades in OSIS as long as it's trending above $55, and then once it sustains a move or close above those breakout levels with volume that hits near or above 285,882 shares. If that breakout triggers soon, then OSIS will set up to re-test or possibly take out its next major overhead resistance levels at $62 to $64, or even its 200-day at $66.27.

FMC Technologies

FMC Technologies ( FTI) is a global provider of technology solutions for the energy industry. It designs, manufactures and services technologically sophisticated systems and products including subsea production and processing systems. This stock is trading up 3.2% at $52.27 in recent trading.

Today's Volume: 2.58 million
Average Volume: 2.02 million
Volume % Change: 121%

Shares of FTI are trending higher here after Sterne Agee says the stock should be bought on any weakness, noting that despite weaker-thantexpected quarterly results, the total orders came in higher than anticipated, while the full year guidance remains unchanged.

>>4 Tech Stocks Under $10 Ripping Higher

From a technical perspective, FTI is ripping higher here back above its 50-day moving average at $51.81 with above-average volume. This move is quickly pushing shares of FTI within range of triggering a major breakout trade. That trade will hit if FTI manages to take out its 52-week high at $55.49 with high volume.

2 of 4

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 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

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