| Last price | $2.40 |
| Change today | +75.5% |
| Day range | $1.67 – $2.87 |
| Volume (vs 20d avg) | 11,276,771 (3371.9x) |
| Gap at open | +27.0% |
What our radar measured live
Our live radar first flagged CNET at 09:41 ET at $2.48 with a Runner Score of 100. From that first alert it reached an intraday peak of +0.0% — measured strictly after the alert, never from the day's earlier action.
Significant Price Movement
Today, CNET experienced a remarkable upward price movement of 75.5%, closing at $2.40 compared to a previous close of $1.37. This surge began with a significant gap at the open, where the stock started trading at $1.74, marking a 27% increase from the prior day’s close. Such a gap often signals strong buying interest, attracting both retail and institutional traders keen to capitalize on momentum.
Unprecedented Trading Volume
An essential factor in the day's price action was the extraordinary trading volume of 11,276,771 shares, which is approximately 3,371.9 times the 20-day average. This volume underscores the enthusiasm among traders and the likelihood of continued volatility. High volume on a day where the stock price drastically increases typically indicates that a strong trend is developing, creating an environment ripe for further action.
Intraday Range Dynamics
Throughout the trading session, CNET showcased an intraday range of $1.67 to $2.87. The stock initially dipped to $1.67 before rallying sharply towards the upper end of its range. Monitoring this range is critical for traders; particularly the resistance level at $2.87, which represents the one-month high. A breakthrough of this level could suggest a new bullish phase, while a retreat could bring the focus back to support levels.
Looking Ahead
For those tracking CNET, keeping an eye on the significant price levels from today’s trading is essential. The opening price of $1.74 now serves as a vital support level, while the upper resistance at $2.87 is crucial for gauging future price action. As always, understanding the fundamentals behind price movements—through volume and momentum—can enhance decision-making for both new and experienced traders.
Frequently asked questions
Why did CNET stock go up today?
CNET surged +75.5% to $2.40 on extreme volume (~3371.9x its 20-day average). The move held an intraday range of $1.67 to $2.87 after gapping +27.0% at the open.
Is CNET a good stock to buy right now?
That depends on your risk tolerance and confirmation. This is educational analysis, not advice. Structural traders watch whether CNET holds its VWAP and the $2.87 / $1.67 levels before acting.
What volume did CNET trade today?
CNET traded 11,276,771 shares today, about 3371.9x its recent 20-day average — extreme participation.
Other movers today
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Price, volume and range data from consolidated market feeds; radar alert times, scores and post-alert peaks are measured live by AlphaDash's own scanner at the moment of the move — never estimated after the fact. Our full ledger, including losers, is public: track record & methodology.
EDUCATIONAL USE ONLY. NOT FINANCIAL ADVICE. Data may be delayed or approximated. You are solely responsible for your own investment decisions.