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Felcor Lodging Declining With Trend-Confirming Volume (FCH)

By Amy Schwartz

Felcor Lodging shares are trading on heavy volume today, having fallen 3.8% to $7.09. Today's volume of 1.8 million shares tops the average 30-day volume of 721,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Felcor Lodging on January 24th, 2017 by issuing a Downtrend alert when the shares were trading at $7.48. Since that call, shares of Felcor Lodging have fallen 4.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Felcor Lodging share prices have moved between a 52-week high of $9.13 and a 52-week low of $5.68 and are now trading 25% above that low price at $7.08 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.2% while the 200-day MA has slid 0.9%.

Keywords: unusual volume felcor lodging

Ticker(s): FCH