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Barnes & Noble Rising Today on Above-Average Volume (BKS)

By Shiri Gupta

Shares of Barnes & Noble are trading today in above average volume, with the share price rising 6.3% to $11.10. About 808,000 shares have been traded today, as compared to the 30-day average volume of 620,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Barnes & Noble on March 1st, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.97. Since that recommendation, shares of Barnes & Noble have risen 4.8%. We continue to monitor BKS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Barnes & Noble has traded in a range of $7.25 to $19.00 and is now at $11.24, 55% above that low. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has advanced 1.7%.

Keywords: unusual volume Barnes & Noble

Ticker(s): BKS