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Advanced Energy Industries's Shares Changing Hands at Higher Prices on 1.1x Above-Average Volume (AEIS)

Written on Mon, 08/02/2010 - 11:32am
By Chip Brian

Shares of Advanced Energy Industries (NASDAQ:AEIS) are trading up 2.9% to $18.12 today on above average volume. Approximately 581,000 shares have traded hands today vs. average 30-day volume of 535,000 shares.
Spikes in volume can validate a breakout or signify a potential turning point. As such, SmarTrend will continue to monitor shares of AEIS to see if this bullish momentum will continue.
SmarTrend is bullish on shares of Advanced Energy Industries and our subscribers were alerted to buy on July 14, 2010 at $14.02. The stock has risen 29.2% since the alert was issued.

Keywords: advanced energy industries unusual volume

Ticker(s): AEIS

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