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Friday, June 21, 2013

Top Gainers: (NASDAQ: SPRD), (NASDAQ: THRX), (NASDAQ: MKTG), (NYSE: HNP), (NYSE: RXN)

NASDAQ (NASDAQ: SPRD): traded higher by 15.79% or $3.52/share to $25.81. In the past year, the shares have traded as low as $13.03 and as high as $23.20. On average, 854929 shares of SPRD exchange hands on a given day and today's volume is recorded at 4102569. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $19.66 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: THRX): traded higher by 10.76% or $3.67/share to $37.79. In the past year, the shares have traded as low as $17.06 and as high as $33.31. On average, 1139800 shares of THRX exchange hands on a given day and today's volume is recorded at 1709337. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $25.07 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: MKTG): traded higher by 8.63% or $1.13/share to $14.22. In the past year, the shares have traded as low as $5.47 and as high as $12.97. On average, 279061 shares of MKTG exchange hands on a given day and today's volume is recorded at 416500. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $8.59 area where the stock will likely see buying pressure.

NYSE (NYSE: HNP): traded higher by 7.27% or $2.46/share to $36.29. In the past year, the shares have traded as low as $26.22 and as high as $49.59. On average, 94838 shares of HNP exchange hands on a given day and today's volume is recorded at 50899. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $40.41 area where the stock may encounter resistance.

NYSE (NYSE: RXN): traded higher by 5.94% or $0.96/share to $17.13. In the past year, the shares have traded as low as $14.87 and as high as $22.45. On average, 262484 shares of RXN exchange hands on a given day and today's volume is recorded at 2064506. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $18.22 area but be careful because the stock may face selling pressure at this level.