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

3 Tech Stock Rising on Big Volume

Silicon Graphics

Silicon Graphics ( SGI) provides computer and storage as well as data center solutions. This stock is trading up 15.3% at $15 in recent trading.

Today's Volume: 845,000
Average Volume: 398,402
Volume % Change: 272%

>>5 Hated Stocks That Could Pop in May

Shares of SGI are soaring higher today after the company delivered a profit and beat Wall Street's expectations, as well as beat the revenue expectation. Revenue jumped 16.66% to $232.6 million from the year-earlier period.

From a technical perspective, SGI is exploding higher here back above its 50-day moving average at $13.87 with above-average volume. This move is quickly pushing shares of SGI within range of triggering a major breakout trade. That trade will hit if SGI manages to take out today's high at $15.02 and then once it clears more key overhead resistance levels at $15.88 to $15.99 with high volume.

Traders should now look for long-biased trades in SGI as long as it's trending above its 50-day at $13.87 and then once it sustains a move or close above those breakout levels with volume that hits near or above 398,402 shares. If that breakout triggers soon, then SGI will set up to enter new 52-week high territory above $15.99, which is bullish technical price action. Some possible upside targets off that breakout are $17 to $18.

Keynote Systems

Keynote Systems ( KEYN) develops and sells services, hardware and software to measure, test, assure and improve the service quality of Internet and mobile communications. This stock is trading up 4.5% to $11.72 in recent trading.

Today's Volume: 190,000
Average Volume: 81,707
Volume % Change: 207%

From a technical perspective, KEYN is trending higher here right above its recent low of $10.85 with above-average volume. This stock had been downtrending badly for the last three months, with shares plunging lower from its high of $16.32 to its recent 52-week low of $10.85. During that move, shares of KEYN were consistently making lower highs and lower lows, which is bearish technical price action. That move pushed shares of KEYN into oversold territory, since its recent relative strength index reading was well below 30. Shares of KEYN are now bouncing off oversold levels and attempting to re-fill some of its previous gap down zone from April that started at $13.50.

2 of 3

Select the service that is right for you!

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 2,000.15 +16.02 0.81%
NASDAQ 4,556.9320 +38.03 0.84%

Brokerage Partners

Rates from

  • 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