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Babcock & Wilcox Falling Today on Above-Average Volume (BW)

By Shiri Gupta

Shares of Babcock & Wilcox are trading today in above average volume, with the share price falling 21.2% to $4.93. Today's volume of 607,000 shares tops the average 30-day volume of 324,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Over the past year, Babcock & Wilcox has traded in a range of $1.61 to $21.09 and is now at $4.93, 206% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.9%.

Keywords: unusual volume babcock & wilcox

Ticker(s): BW