Tellabs - Above Average Volume Detected

tlab New York, December 11th (TradersHuddle.com) - 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.



Related Articles

    Related Partner Headlines

      You could minimize risk by trading in stock sectors rather than individual stocks. Find out why ETFs are the hottest investment vehicle on the planet. Try ETF Profits for FREE NOW!

      TradersHuddle Search

      Stock Search:


      Site Search:

      Loading

      Recent Trading Ideas

      Latest Partner Headlines

      Stock Market

      Loading
      Chart
      o Dow Jones 17,730.11 ▼27.80 (-0.16%)
      o S&P 500 2,076.78 ▼0.64 (-0.03%)
      o NASDAQ 5,009.21 ▼3.91 (-0.08%)
      INDEXDJX:.DJI

      Dow Jones

      Company ID [INDEXDJX:.DJI] Last trade:17,730.11 Trade time:5:20PM EDT Value change:▼27.80 (-0.16%)
      INDEXSP:.INX

      S&P 500

      Company ID [INDEXSP:.INX] Last trade:2,076.78 Trade time:5:20PM EDT Value change:▼0.64 (-0.03%)
      INDEXNASDAQ:.IXIC

      NASDAQ

      Company ID [INDEXNASDAQ:.IXIC] Last trade:5,009.21 Trade time:5:15PM EDT Value change:▼3.91 (-0.08%)
      Copyright © 2013 TradersHuddle.com. All Rights Reserved.