Fusion-IO ( FIO) is a provider of datacenter solutions that accelerate databases, virtualization, cloud computing, big data and the applications that help drive business from the smallest e-tailers to some of the largest data centers, social media leaders, and Fortune Global 500 businesses. This stock is trading up 3% at $15.60 in recent trading.
Today's Volume: 4.73 million
Average Volume: 3.38 million
Volume % Change: 130%
Average Volume: 867,990
Volume % Change: 187% From a technical perspective, SCTY is ripping higher here right above some near-term support at $39 with above-average volume. This stock has been uptrending strong for the last few weeks, with shares soaring higher from $24 to its all-time high of $39. During that uptrend, shares of SCTY have been mostly making higher lows and higher highs, which is bullish technical price action. Shares of SCTY have recently pulled back from $39 to its low of $30, but it's now starting to rebound and move within range of triggering a major breakout trade. That trade will hit if SCTY manages to take out some near-term overhead resistance levels at $37.50 to $39 with high volume.
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