DELAFIELD, Wis. (Stockpickr) -- At Stockpickr, we track daily portfolios of stocks that are the biggest percentage gainers and the biggest percentage losers.
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Stocks that are making large moves like these are favorites among short-term traders because they can jump into these names and try to capture some of that massive volatility. Stocks that are making big-percentage moves either up or down are usually in play because their sector is becoming attractive or they have a major fundamental catalyst such as a recent earnings release. Sometimes stocks making big moves have been hit with an analyst upgrade or an analyst downgrade.
Regardless of the reason behind it, when a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits. If you time your trade correctly, combining technical indicators with fundamental trends, discipline and sound money management, you will be well on your way to investment success.
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With that in mind, let's take a closer look at a several stocks under $10 that are making large moves to the upside today.
Bazaarvoice
Bazaarvoice (BV) provides social commerce solutions that help its clients capture, display and analyze online word of mouth, such as consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos and other contents. This stock closed up 6.5% to $9.66 in Tuesday's trading session.
Tuesday's Range: $9.02-$9.69
52-Week Range: $6.37-$15.99
Thursday's Volume: 483,000
Three-Month Average Volume: 520,019
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From a technical perspective, BV surged higher here right above some near-term support at $8.93 with lighter-than-average volume. This stock recently formed a double bottom chart pattern at $8.74 to $8.93. Following that bottom, shares of BV have now started to move higher and push within range of triggering a big breakout trade. That trade will hit if BV manages to take out some near-term overhead resistance levels at $9.96 to its 50-day moving average at $10.28 with high volume.
Traders should now look for long-biased trades in BV as long as it's trending above some near-term support at $8.93 and then once it sustains a move or close above those breakout levels with volume that hits near or above 520,019 shares. If that breakout triggers soon, then BV will set up to re-fill some of its previous gap down zone from early September that started near $11.50. Any high-volume move above key resistance at $11.50 would then give BV a chance to tag $13.
Active Power
Active Power (ACPW) designs, manufactures and markets power solutions that provide business continuity and protect customers in the event of an electrical power disturbance. Its products deliver clean power, protecting customers from voltage fluctuations. This stock closed up 2% to $2.97 in Tuesday's trading session.
Tuesday's Range: $2.90-$2.99
52-Week Range: $2.82-$4.98
Thursday's Volume: 188,000
Three-Month Average Volume: 109,114
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From a technical perspective, ACPW trended modestly higher here right above some near-term support at $2.82 with above-average volume. This stock recently formed a double bottom chart pattern at $2.85 to $2.82. Following that bottom, shares of APCW have started to uptrend and move within range of triggering a major breakout trade. That trade will hit if ACPW manages to clear some near-term overhead resistance levels at $3 to $3.12 with high volume.
Traders should now look for long-biased trades in ACPW as long as it's trending above some key near-term support at $2.82 and then once it sustains a move or close above those breakout levels with volume that hits near or above 109,114 shares. If that breakout triggers soon, then ACPW will set up to re-fill some of its previous gap down zone from early September that started near $3.60.
ARC Document Solutions
ARC Document Solutions (ARC) offers document management solutions to businesses, including non-residential segment of architecture, engineering and construction industry. This stock closed up 5.6% to $4.85 in Tuesday's trading session.
Tuesday's Range: $4.58-$4.88
52-Week Range: $2.12-$5.24
Thursday's Volume: 203,000
Three-Month Average Volume: 159,325
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From a technical perspective, ARC ripped higher here right above some near-term support at $4.51 and back above its 50-day moving average of $4.79 with above-average volume. This stock has been uptrending modestly for the last month, with shares moving higher from its low of $4.22 to its recent high of $4.95. During that uptrend, shares of ARC have been making mostly higher lows and higher highs, which is bullish technical price action. That move is quickly pushing shares of ARC within range of triggering a big breakout trade. That trade will hit if ARC manage to take out some near-term overhead resistance levels at $4.92 to $4.95 and then once it clears its 52-week high at $5.24 with high volume.
Traders should now look for long-biased trades in ARC as long as it's trending above some near-term support levels at $4.51 or at $4.32 and then once it sustains a move or close above those breakout levels with volume that hits near or above 159,325 shares. If that breakout triggers soon, then ARC will set up to enter new 52-week-high territory above $5.24, which is bullish technical price action. Some possible upside targets off that breakout are its next major overhead resistance levels at $6.08 to $6.99.
Dynex
Dynex (DX) is a real estate investment trust that invests in mortgage loans and securities on a leveraged basis. This stock closed up 1.8% to $8.93 in Tuesday's trading session.
Tuesday's Range: $8.77-$8.93
52-Week Range: $7.71-$11.06
Tuesday's Volume: 609,000
Three-Month Average Volume: 452,008
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From a technical perspective, DX trended modestly higher here right above some near-term support at $8.75 and above its 50-day at $8.57 with above-average volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $7.71 to its recent high of $8.99. During that uptrend, shares of DX have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of DX within range of triggering a major breakout trade. That trade will hit if DX manages to take out Tuesday's high of $8.93 and then once it clears more resistance at $8.99 with high volume.
Traders should now look for long-biased trades in DX as long as it's trending above its 50-day at $8.57 or above more support at $8.25 and then once it sustains a move or close above those breakout levels with volume that hits near or above 452,008 shares. If that breakout hits soon, then DX will set up to re-fill some of its previous gap down zone from July that started just above $9.75. Any high-volume move above 9.75 will then give DX a chance to tag its next major overhead resistance levels at $10.24 to $10.44.
To see more stocks that are making notable moves higher today, check out the Stocks Under $10 Moving Higher portfolio on Stockpickr.
-- Written by Roberto Pedone in Delafield, Wis.
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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
CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.
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