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Actuant Falling Today on Above-Average Volume (ATU)

By Nick Russo

Actuant's stock is down 10.1% to $22.60 on heavy trading volume. About 1.1 million shares have been traded today, as compared to the 30-day average volume of 692,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Actuant. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Actuant in search of a potential trend change.

Actuant share prices have moved between a 52-week high of $25.78 and a 52-week low of $17.02 and are now trading 32% above that low price at $22.43 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.4%.

Keywords: unusual volume actuant

Ticker(s): ATU