TradersHuddle Scanner - High Volume For Stericycle

Published on Friday, 18 June 2010 11:38 Written by Christian Paolinetti

New York, June 18th (TradersHuddle.com) - Unusual high volume detected on shares of Stericycle, Inc. (NASDAQ:SRCL), early in the trading session. Stericycle is currently trading higher by 1.15%, so definitely the buyers stepping in, as the stock's volume is on pace to break its average.

Stericycle, Inc. (NASDAQ:SRCL) provides regulated medical waste management services. The Company offers waste collection, transportation, treatment, and disposal to customers in the United States, Canada, Mexico, Argentina, Chile, the United Kingdom and Ireland.

Stericycle has already traded 0.918 times its 3-month average volume, and has calculated support and resistance at $57.00 and $64.07 respectively. Traders like to use volume as their lie detector for price action moves through predefined trading ranges.

The overall market index S&P 500 is trading higher by 0.26% from its previous trading close, which means that Stericycle stock is outperforming the overall market.