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Charming Shoppes Higher With High Volume

chrs New York, January 19th (TradersHuddle.com) - Unusual high volume detected on shares of Charming Shoppes, Inc. (NASDAQ:CHRS), early in the trading session. Charming Shoppes is currently trading higher by 3.45%, so definitely the buyers stepping in, as the stock's volume is already above average.

Charming Shoppes, Inc. (NASDAQ:CHRS) is a multi-brand specialty apparel retailer primarily focused on plus-size women's apparel. The company retails using three distinct store brands - Lane Bryant, Fashion Bug and Catherines Plus Sizes.

Charming Shoppes has already traded 1.765 times its 3-month average volume, and has calculated support and resistance at $4.62 and $4.99 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 0.49% from its previous trading close, which means that Charming Shoppes stock is outperforming the overall market.



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o Dow Jones 12,496.15 ▼6.66 (-0.05%)
o S&P 500 1,318.86 ▲2.23 (0.17%)
o NASDAQ 2,850.12 ▲11.04 (0.39%)
INDEXDJX:.DJI

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:12,496.15 Trade time:4:05PM EDT Value change:▼6.66 (-0.05%)
INDEXSP:.INX

S&P 500

Company ID [INDEXSP:.INX] Last trade:1,318.86 Trade time:4:33PM EDT Value change:▲2.23 (0.17%)
INDEXNASDAQ:.IXIC

NASDAQ

Company ID [INDEXNASDAQ:.IXIC] Last trade:2,850.12 Trade time:5:16PM EDT Value change:▲11.04 (0.39%)
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