OSI Systems

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

Get Adobe Flash player

OSI Systems ( OSIS) is a vertically integrated designer and manufacturer of specialized electronic systems and components for critical applications. This stock is trading up 2% at $72.96 in recent trading.

Today's Volume: 117,000

Average Volume: 107,183

Volume % Change: 50%

From a technical perspective, OSIS is seeing some momentum buying today after the stock traded up significantly on Thursday and Friday of last week. That move on last Thursday pushed OSIS from $66 to $72 with monster upside volume.

Traders should now look for long-biased trades in OSIS as long as it's trending above some near-term support at $70 with strong upside volume flows. I would consider any upside volume day that registers near or above 107,183 shares as bullish. If OSIS can continue to hold its trend above $70, then this stock could hit $80 or higher in the near future. At last check, shares of OSIS have hit a new 52-week high today of $73.26 with above average volume.

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

-- Written by Roberto Pedone in Winderemere, Fla.

RELATED LINKS:



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 Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.

If you liked this article you might like

Why Alex Rodriguez Is Investing in Billionaires Warren Buffett and Jeff Bezos

Former NY Yankees Slugger Alex Rodriguez Reveals One Juicy Investment Tip

Why I Love Apple, Alphabet, Nvidia and These Other Stocks for September

Have Amazon, Google, Apple and Sony Flooded the Smart Speaker Market?