The intraday price for Orion Energy Systems has moved above its 200 period 30 minute moving average of 1.62. OESX is near 1.63 bucks now. The general trend in OESX has been down recently.

Presently, it is below the near-term support price of $1.75.

Other stocks to watch – these are correlated with Orion Energy Systems:

ROYAL BANK OF SCOTLAND PUT WTS 17/12/10(SILVER)GBP17 (R744) with a correlation of 98.64%

Rio Tinto Limited (RIOKZH) with a correlation of 98.95%

NEWMEDIA SPARK GBP0.025 (SPK) with a correlation of 97.9%

Supervalu Inc. (SVU) with a correlation of 98.3%

SOCIETE GENERALE ACCEPTANCE NV PUT WTS 17/12/10(DAX)EUR6800 (T268) with a correlation of 98.46%