Ctrip.com International Falling Today on Above-Average Volume (CTRP)
Ctrip.com International's stock is down 1.0% to $45.49 on heavy trading volume. About 6.9 million shares have been traded today, as compared to the 30-day average volume of 3.6 million shares. Spikes in volume can validate a breakout or signify a potential turning point.
SmarTrend recommended that subscribers consider buying shares of Ctrip.com International on July 15th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $43.08. Since that recommendation, shares of Ctrip.com International have risen 6.7%. We continue to monitor CTRP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Ctrip.com International share prices have moved between a 52-week high of $57.36 and a 52-week low of $27.25 and are now trading 67% above that low price at $45.46 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.
Keywords: unusual volume ctrip.com international