Market Overview

Trading Higher on Heavy Volume are Shares of U-Store-It Trust on 1x Above-Average Volume (YSI)

(via COMTEX News Network)--

Shares of U-Store-It Trust (NYSE: YSI) are trading up 1.2% to $10.60 today on above average volume. Approximately 803,000 shares have traded hands today vs. average 30-day volume of 786,000 shares.

Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of YSI to see if this bullish momentum will continue.

SmarTrend currently has shares of U-Store-It Trust in an Uptrend and issued the Uptrend alert on June 15, 2010 at $8.52. The stock has risen 23% since the Uptrend alert was issued.

In the last five trading sessions, the 50-day MA has climbed 0.44% while the 200-day MA has risen 0.57%.

In the past 52 weeks, shares of U-Store-It Trust have traded between a low of $6.77 and a high of $10.64 and are now at $10.55, which is 56% above that low price.

Write to Chip Brian at


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