Strong Intraday Turnaround for F5 Networks

My Stock of the Day is F5 Networks (FFIV)

The stock has been mired in a downtrend since peaking at $80 back in January. Today, the stock is putting in a big reversal, bottoming this morning, and then rallying on a big increase in volume.

If you look at the chart above, you will see the making of a big, outside day. This is a positive sign, confirmed by volume, and should help the stock get above its overhead 50-day in the near future.

The stock also got a couple of analyst upgrades this morning, which are helping improve sentiment.

Other stocks making notable, high-volume moves today include:

• Rising Stocks

JASO, CNH, PNSN, APH, BNI, RIMM, NICE, TSL, IWOV, SPWR

• Falling Stocks

YHOO, HBHC, LCBM, NFLX, CGNX, SYNT, STX, UFPI, NITE, ITW