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Costco Wholesale Trading Lower Today on Above-Average Volume (COST)

By Shiri Gupta

Costco Wholesale's stock is down 1.9% to $163.88 on heavy trading volume. Approximately 4.3 million shares have changed hands today vs. average 30-day volume of 2.1 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

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

Costco Wholesale share prices have moved between a 52-week high of $183.18 and a 52-week low of $117.03 and are now trading 40% above that low price at $163.80 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: unusual volume costco wholesale

Ticker(s): COST