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Children'S Place Trading Lower Today on Above-Average Volume (PLCE)

By Nick Russo

Children'S Place shares are trading on heavy volume today, having fallen 8.4% to $126.35. Approximately 1.3 million shares have changed hands today vs. average 30-day volume of 637,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Over the past year, Children'S Place has traded in a range of $70.90 to $161.65 and is now at $128.00, 81% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 0.9%.

Keywords: unusual volume children's place

Ticker(s): PLCE