52-Week Range: $0.42-$1.96
Three-Month Average Volume: 459,303 >>4 Stocks Rising on Unusual Volume
52-Week Range: $2.88-$5.75
Three-Month Average Volume: 130,125 >>5 Stocks Insiders Love From a technical perspective, SURG is spiking higher here right above some near-term support at $3.02 with lighter-than-average volume. This move has started to push shares of SURG back above its 50-day moving average at $3.20 and it's quickly trending within range of triggering a near-term breakout trade. That trade will hit if SURG manages to take out some near-term overhead resistance levels at $3.24 to $3.27 and then once it clears more resistance at $3.60 with high volume. At last check, SURG has hit an intraday high of $3.31 and volume is below its three-month average action of 130,125 shares. Traders should now look for long-biased trades in SURG as long as it's trending above $3.02 and then once it sustains a move or close above those breakout levels with volume that hits near or above 130,125 shares. If that breakout hits soon, then SURG will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day moving average of $4.32 to $5.