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Cdk Global Inc Falling Today on Above-Average Volume (CDK)

By James Quinn

The price of Cdk Global Inc shares has slipped to $44.66 (a 5.8% change) on heavy trading volume. About 1.0 million shares have been traded today, as compared to the 30-day average volume of 776,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

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

Over the past year, Cdk Global Inchas traded in a range of $43.30 to $64.77 and are now at $45.06. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has remained constant.

Keywords: unusual volume cdk global inc

Ticker(s): CDK