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Cray Inc Falling Today on Above-Average Volume (CRAY)

By Amy Schwartz

The price of Cray Inc shares has slipped to $34.60 (a 0.0% change) on heavy trading volume. Approximately 451,000 shares have changed hands today vs. average 30-day volume of 399,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Cray Inc on February 5th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $23.21. Since that recommendation, shares of Cray Inc have risen 49.1%. We continue to monitor CRAY for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Over the past year, Cray Inc has traded in a range of $18.76 to $36.19 and is now at $34.59, 84% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has remained constant.

Keywords: unusual volume cray inc

Ticker(s): CRAY