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Deutsche Bank Up on Heavy Volume in Possible Trend Reversal (DB)

By Shiri Gupta

Deutsche Bank shares are trading on heavy volume today, having risen 2.2% to $13.94. Today's volume of 5.1 million shares tops the average 30-day volume of 3.7 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Deutsche Bank and will alert subscribers who have DB in their portfolio or watchlist when shares have changed trend direction.

In the past 52 weeks, shares of Deutsche Bank have traded between a low of $11.19 and a high of $35.38 and are now at $13.77, which is 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has slid 1.3%.

Keywords: unusual volume Deutsche Bank

Ticker(s): DB