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Quest Software's Shares Changing Hands at Higher Prices on 1.2x Above-Average Volume (QSFT)

Written on Fri, 07/30/2010 - 11:48am
By Chip Brian

Shares of Quest Software (NASDAQ:QSFT) are trading up 4.6% to $20.14 today on above average volume. Approximately 1.1 million shares have traded hands today vs. average 30-day volume of 901,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of QSFT to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Quest Software and our subscribers were alerted to buy on July 26, 2010 at $19.33. The stock has risen 4.2% since the alert was issued.

Keywords: quest software unusual volume

Ticker(s): QSFT

Contact Chip Brian
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