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

5 Stocks Spiking on Unusual Volume

Traders should now look for long-biased trades in RPXC as long as it's trending above today's low of $13.85 and then once it sustains a move or close above $14.42 to $15.11 with volume that hits near or above 295,879 shares. If that breakout triggers soon, then RPXC will set up to re-test or possibly take out its next major overhead resistance levels at $15.52 to $17.75.

Spirit Airlines

Spirit Airlines ( SAVE) provides passenger airline service principally to and from south Florida, the Caribbean and Latin America. This stock is trading up 2.8% at $27.47 in recent trading.

Today's Volume: 1.21 million
Average Volume: 611,457
Volume % Change: 199%

Shares of SAVE are trending higher today after the company delivered a profit and beat Wall Street's expectations, and beat the revenue expectation. Revenue jumped 22.85% to $370.4 million from the year-earlier period.

From a technical perspective, SAVE is bouncing higher here and breaking out to new all-time highs above some near-term overhead resistance levels at $26.84 to $26.87 with heavy upside volume. At last check, SAVE has hit an intraday high of $28.32 and volume is well above its three-month average action of 611,457 shares.

Traders should now look for long-biased trades in SAVE as long as it's trending above today's low of $26.64 and then once it sustains a move or close above $26.87 to $28.32 with volume that hits near or above 611,457 shares. If SAVE can maintain this move, then this stock will set up to trend well north of $30 in the near future.

Devon Energy

Devon Energy ( DVN) is an independent energy company engaged mainly in the exploration, development and production of oil, natural gas and NGLs. This stock is trading up 1.7% at $56.02 in recent trading.

Today's Volume: 5.19 million
Average Volume: 3.83 million
Volume % Change: 146%

Shares of DVN are moving higher today after the CEO said tax changes will allow the repatriation of $2 billion of foreign cash. The CEO said the company will use repatriated cash to pay back short-term borrowings.

3 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 17,035.96 -35.26 -0.21%
S&P 500 1,974.51 -3.29 -0.17%
NASDAQ 4,496.01 -9.8420 -0.22%

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