Tellabs - Above Average Volume Detected

tlab New York, December 11th ( - Unusual high volume detected on shares of Tellabs, Inc. (NASDAQ:TLAB) early in the trading session. The pace in volume of Tellabs is already above average, with buyers stepping in, as the stock is 1.63% higher.

Tellabs, Inc. (NASDAQ:TLAB) designs, manufactures, sells, and services voice, data, and video transport and network access systems. The Company's products are used worldwide by public telephone companies, long-distance carriers, alternate service providers, cellular service providers, cable operators.

Tellabs has already traded 2.084 times its 3-month average volume and has calculated support and resistance at $2.70 and $3.63 respectively. Traders like to use volume as their lie detector for price action movement through predefined trading ranges.

The overall market index S&P 500 is trading higher by 1.02% from its previous trading close, which means that Tellabs stock is outperforming the overall market.

TradersHuddle Search

Stock Search:

Site Search:


Recent Trading Ideas

Latest Partner Headlines

Stock Market

o Dow Jones 17,657.94 ▲165.01 (0.94%)
o S&P 500 2,065.49 ▲17.45 (0.85%)
o NASDAQ 4,809.86 ▲44.07 (0.92%)

Dow Jones

Company ID [INDEXDJX:.DJI] Last trade:17,657.94 Trade time:9:46AM EDT Value change:▲165.01 (0.94%)

S&P 500

Company ID [INDEXSP:.INX] Last trade:2,065.49 Trade time:9:46AM EDT Value change:▲17.45 (0.85%)


Company ID [INDEXNASDAQ:.IXIC] Last trade:4,809.86 Trade time:9:46AM EDT Value change:▲44.07 (0.92%)
Copyright © 2013 All Rights Reserved.