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Bristow Group In Trading Lower on Heavy Volume, Inline With Overall Trend (BRS)

By Shiri Gupta

Bristow Group In's stock is down 15.6% to $8.47 on heavy trading volume. Approximately 539,000 shares have changed hands today vs. average 30-day volume of 407,000 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 Bristow Group In on August 6th, 2018 by issuing a Downtrend alert when the shares were trading at $11.80. Since that call, shares of Bristow Group In have fallen 14.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Over the past year, Bristow Group Inhas traded in a range of $8.00 to $18.91 and are now at $8.43. Over the past week, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has declined 0.3%.

Keywords: unusual volume bristow group in

Ticker(s): BRS