Stocks hitting new 52 week highs on June 15 are Pharmacyclics Inc, Casey's General Stores Inc, SolarWinds, Inc, Core Laboratories NV, and Chunghwa Telecom Co. Ltd. Investors are buying the stock and pushing it higher because they may think that these stocks were undervalued. This could be a result of higher than expected earnings, overall market growth, or simply investor speculation.
Shares of Pharmacyclics Inc (PCYC) had a total return adjusted 52 week high today of $8.90 per share and are currently trading at $8.79. The stock fell by 1.01% or $-0.09/share to $8.79. The stock recorded a trading volume of 409898 today. This represents 2.53 times the average volume for Pharmacyclics Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Casey's General Stores Inc (CASY) had a total return adjusted 52 week high today of $44.25 per share and are currently trading at $44.17. The stock traded higher by 0.87% or $0.38/share to $44.17. The stock recorded a trading volume of 217182 today. This represents 1.95 times the average volume for Casey's General Stores Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of SolarWinds, Inc (SWI) had a total return adjusted 52 week high today of $26.42 per share and are currently trading at $26.05. The stock fell by 0.42% or $-0.11/share to $26.05. The stock recorded a trading volume of 771660 today. This represents 3.56 times the average volume for SolarWinds, Inc. Higher than average volume can sometimes signal a technical breakout or perhaps that new information was released about the company. Volume is often used as a lie detector and high volume gives validity to the price move. Stay tuned for more updates on the company and investors may want to look for this momentum to continue.
Shares of Core Laboratories NV (CLB) had a total return adjusted 52 week high today of $105.48 per share and are currently trading at $105.11. The stock traded higher by 0.55% or $0.57/share to $105.11. The stock recorded a trading volume of 152751 today. This represents 0.99 times the average volume for Core Laboratories NV. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
Shares of Chunghwa Telecom Co. Ltd (CHT) had a total return adjusted 52 week high today of $34.17 per share and are currently trading at $34.31. The stock traded higher by 0.50% or $0.17/share to $34.31. The stock recorded a trading volume of 91316 today. This represents 0.79 times the average volume for Chunghwa Telecom Co. Ltd. This is considered normal volume for the stock which means the new high is most likely caused by a steady uptrend. Expect the stock to continue its upward trend. A pullback could be a great opportunity to get onboard.
