Aug 31, 2011 (SmarTrend(R) News Watch via COMTEX) -- Shares of China Security & Surveillance Technology (NYSE:CSR - Snapshot Report) are trading up 0.7% to $6.08 today on above average volume. Approximately 1.3 million shares have traded hands today vs. average 30-day volume of 1.3 million shares.

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

SmarTrend currently has shares of China Security & Surveillance Technology in an Uptrend and issued the Uptrend alert on April 21, 2011 at $5.54. The stock has risen 8.9% since the Uptrend alert was issued.

In the last five trading sessions, the 50-day MA has climbed 1.7% while the 200-day MA has remained constant.

In the past 52 weeks, shares of China Security & Surveillance Technology have traded between a low of $3.98 and a high of $6.37 and are now at $6.05, which is 52% above that low price.

Source:zacks