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Adamas Pharmaceu Rising Today on Above-Average Volume (ADMS)

By David Diaz

The price of Adamas Pharmaceu shares has climbed to $22.11 (a 28.8% change) on heavy trading volume. Today's volume of 522,000 shares tops the average 30-day volume of 304,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

In the past 52 weeks, Adamas Pharmaceu share prices have been bracketed by a low of $12.10 and a high of $22.58 and are now at $21.93, 81% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1.3% while the 50-day MA has advanced 0.9%.

Keywords: unusual volume adamas pharmaceu

Ticker(s): ADMS