This Day On The Street
Continue to site
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

5 Stocks Rising on Unusual Volume

United Rentals

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

United Rentals ( URI) is an equipment rental company whose network consists of 529 rental locations in the U.S., Canada and Mexico. This stock closed up 10.5% at $56.37 on Wednesday.

Wednesday's Volume: 8.50 million
Average Volume: 2.27 million
Volume % Change: 290%

Shares of URI skyrocketed higher on Wednesday after the company reported earnings of $1.12 per share for its second quarter, which was 11 cents above Wall Street's estimates.

>>5 Stocks Insiders Love Right Now

From a technical perspective, URI exploded higher here right off its 50-day moving average of $53.33 with monster upside volume. This move punched shares of URI into breakout territory, since the stock cleared some near-term overhead resistance at $53.94. Shares of URI are now quickly moving within range of triggering another major breakout trade. That trade will hit if URI manages to take out some near-term overhead resistance level at $58.03 to its 52-week high at $59.74 with high volume.

Traders should now look for long-biased trades in URI as long as it's trending above $55 or $54 and then once it sustains a move or close above those breakout levels with volume that's near or above 2.27 million shares. If that breakout hits soon, then URI will set up to trend well north of $60 as the stock enters new 52-week-high territory.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.


Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Delafield, Wis., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including and . You can follow Pedone on Twitter at or @zerosum24.
6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
IPHI $23.14 2.94%
RBC $50.50 -7.95%
UAL $46.48 1.75%
WOOF $46.34 0.19%
URI $44.78 -3.93%


Chart of I:DJI
DOW 16,014.38 -12.67 -0.08%
S&P 500 1,852.21 -1.23 -0.07%
NASDAQ 4,268.7630 -14.99 -0.35%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs