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Cooper Cos Falling Today on Above-Average Volume (COO)

By David Diaz

Cooper Cos's stock is down -0.1% to $186.59 on heavy trading volume. Today's volume of 372,000 shares tops the average 30-day volume of 325,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Cooper Cos on February 12th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $134.11. Since that recommendation, shares of Cooper Cos have risen 39.0%. We continue to monitor COO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Cooper Cos have traded between a low of $119.28 and a high of $190.99 and are now at $185.68, which is 56% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has slid 0.3%.

Keywords: unusual volume cooper cos

Ticker(s): COO