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Carpenter Tech Trading Lower Today on Above-Average Volume (CRS)

By David Diaz

Carpenter Tech's stock is up 3.5% to $41.39 on heavy trading volume. About 570,000 shares have been traded today, as compared to the 30-day average volume of 463,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Carpenter Tech share prices have moved between a 52-week high of $45.34 and a 52-week low of $29.92 and are now trading 38% above that low price at $41.39 per share. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.3%.

Keywords: unusual volume carpenter tech

Ticker(s): CRS