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Aecom Technology Declining With Trend-Confirming Volume (ACM)

By James Quinn

Shares of Aecom Technology are trading down 0.6% to $27.65 today on above average volume. Today's volume of 998,000 shares tops the average 30-day volume of 761,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that its subscribers protect gains by selling shares of Aecom Technology on August 17th, 2016 by issuing a Downtrend alert when the shares were trading at $32.49. Since that call, shares of Aecom Technology have fallen 14.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, Aecom Technology share prices have been bracketed by a low of $22.80 and a high of $36.20 and are now at $27.69, 21% above that low price. The 200-day and 50-day moving averages have moved 0.06% higher and 1.57% higher over the past week, respectively.

Keywords: unusual volume aecom technology

Ticker(s): ACM