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Finisar Corp Trading Higher Today on Above-Average Volume (FNSR)

By Amy Schwartz

Finisar Corp's stock is up 14.4% to $21.59 on heavy trading volume. Approximately 5.5 million shares have changed hands today vs. average 30-day volume of 1.8 million shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend is monitoring the recent change of momentum in Finisar Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Finisar Corp in search of a potential trend change.

In the past 52 weeks, shares of Finisar Corp have traded between a low of $14.25 and a high of $25.41 and are now at $21.91, which is 54% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 1.1%.

Keywords: unusual volume finisar corp

Ticker(s): FNSR