Three-Month Average Volume: 215,314
Volume % Change: 370% From a technical perspective, ACHC skyrocketed higher here right off its 50-day moving average of $39.15 with strong upside volume. This move pushed shares of ACHC into breakout and new 52-week high territory, since the stock took out some past overhead resistance levels at $41 to $41.30. Market players can now look for a continuation trend higher in ACHC, if the stock can enter new 52-week-high territory in the near-term.
Three-Month Average Volume: 96,832
Volume % Change: 165% From a technical perspective, HEP bounced modestly higher here right off its recent low of $31.23 with above-average volume. This stock has been downtrending badly for the last three months, with shares falling from its high of $38.89 to its recent low of $31.23. During that move, shares of HEP have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of HEP could be signaling here that an end to its downside volatility is in the cards in the short-term. Traders should now look for long-biased trades in HEP as long as it's trending above that recent low of $31.23 and then once it sustains a move or close above Wednesday's high of $32.10 with volume that's near or above 96,832 shares. If we get that move soon, then HEP will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $33.03 to $34, or even its 200-day moving average at $36.10.