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Felcor Lodging Rising Today on Above-Average Volume (FCH)

By James Quinn

Shares of Felcor Lodging are trading up 2.0% to $7.22 today on above average volume. Today's volume of 1.6 million shares tops the average 30-day volume of 721,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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 5.3%. 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 $7.09 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has declined 0.2%.

Keywords: unusual volume felcor lodging

Ticker(s): FCH