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Fidelity National Information Services Rising Today on Above-Average Volume (FIS)

By Nick Russo

Fidelity National Information Services's stock is up 5.7% to $71.03 on heavy trading volume. Approximately 2.7 million shares have changed hands today vs. average 30-day volume of 1.9 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Fidelity National Information Services on March 11th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $62.14. Since that recommendation, shares of Fidelity National Information Services have risen 8.1%. We continue to monitor FIS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Fidelity National Information Services share prices have moved between a 52-week high of $73.60 and a 52-week low of $55.11 and are now trading 29% above that low price at $71.18 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.6%.

Keywords: unusual volume fidelity national information services

Ticker(s): FIS