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Bottomline Tech Falling Today on Above-Average Volume (EPAY)

By Nick Russo

The price of Bottomline Tech shares has slipped to $54.10 (a 17.0% change) on heavy trading volume. About 504,000 shares have been traded today, as compared to the 30-day average volume of 401,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Bottomline Tech on October 8th, 2018 by issuing a Downtrend alert when the shares were trading at $67.74. Since that call, shares of Bottomline Tech have fallen 3.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Bottomline Tech share prices have moved between a 52-week high of $74.05 and a 52-week low of $18.48 and are now trading 185% above that low price at $52.62 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 1.1%.

Keywords: unusual volume bottomline tech

Ticker(s): EPAY