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Arrowhead Research Rising Today on Above-Average Volume (ARWR)

By Nick Russo

Shares of Arrowhead Research are trading up 10.6% to $7.01 today on above average volume. About 1.4 million shares have been traded today, as compared to the 30-day average volume of 667,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is tracking the current trend status for Arrowhead Research and will alert subscribers who have ARWR in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Arrowhead Research has traded in a range of $3.07 to $7.92 and is now at $6.98, 127% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 3.0%.

Keywords: unusual volume arrowhead research

Ticker(s): ARWR