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Conn's Rising Today on Above-Average Volume (CONN)

By James Quinn

Shares of Conn's are trading today in above average volume, with the share price rising 7.1% to $49.94. Today's volume of 1.2 million shares tops the average 30-day volume of 912,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Conn's on March 27th, 2014 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $37.62. Since that recommendation, shares of Conn's have risen 24.0%. We continue to monitor CONN for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Conn's share prices have moved between a 52-week high of $80.34 and a 52-week low of $31.17 and are now trading 59% above that low price at $49.44 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.8% while the 200-day MA has slid 0.7%.

Keywords: unusual volume conn's

Ticker(s): CONN