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Coupa Software I Rising on Above-Average Volume, Consistent With Trend (COUP)

By James Quinn

Shares of Coupa Software I are trading up 2.0% to $50.14 today on above average volume. Approximately 593,000 shares have changed hands today vs. average 30-day volume of 379,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that subscribers consider buying shares of Coupa Software I on April 19th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $30.62. Since that recommendation, shares of Coupa Software I have risen 60.6%. We continue to monitor COUP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, Coupa Software I share prices have been bracketed by a low of $22.50 and a high of $50.20 and are now at $50.05, 122% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

Keywords: unusual volume coupa software i

Ticker(s): COUP